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To finance a vacation in 4 years, Elsie saves $150 at the beginning of every enonth in an account paying laterest at 14% compounded monthly.

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To finance a vacation in 4 years, Elsie saves $150 at the beginning of every enonth in an account paying laterest at 14% compounded monthly. (a) What will be the balance in her account when she takes the vacation? (b) How much of the balance will be interest? (c) If she waits an additional year to start her vacation, and continues to save the same amount of money, how much more meney, does che have to kpend? a) The balance in her account will be s (Round the final answer to the nearest cnt as needed Round all intermediate yalues to sbx decimal places as needed.)

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