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Tony is saving up to go traveling after graduation.How much will he have if he can put $100 at the beginning of every month, for

Tony is saving up to go traveling after graduation.How much will he have if he can put $100 at the beginning of every month, for the full four years he is in school, into his high-interest savings account which earns 1.95% interest?[1]

How much interest will be earned?[2]

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