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This morning your account balance is $ 67,540 , and this afternoon you wish to begin a new savings plan with this account. You plan
This morning your account balance is $ 67,540 , and this afternoon you wish to begin a new savings plan with this account. You plan to deposit $ 461 each month, with the first deposit one month from today and last exactly 90 months from today. The account earns annual interest of 11% compounded monthly. Find the account balance immediately after the last deposit.
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