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The Pirerras are planning to go to Europe 2 years from now and have agreed to set aside $140 /month for their trip. If they

The Pirerras are planning to go to Europe2years from now and have agreed to set aside$140/month for their trip. If they deposit this money at the end of each month into a savings account paying interest at the rate of8%/year compounded monthly, how much money will be in their travel fund at the end of thesecondyear? (Round your answer to the nearest cent.)

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