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The stated interest rate on your account is 5% with interest compounded monthly. If you deposit $50 each month, how much will you have in

The stated interest rate on your account is 5% with interest compounded monthly. If you deposit $50 each month, how much will you have in your account in 5 years? (Use time value tables or financial calculator.) O $4,350 O $3,050 $3,000 $3,400 $3,200
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The stated interest rate on your account is 5% with interest compounded monthly. If you deposit $50 each month, how much will you have in your account in 5 years? (Use time value tables or financial calculator.) $4,350 $3,050 $3,000 $3,400 $3,200

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