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Use the savings plan formula to answer the following question You put $300 per month in an investment plan that pays an APR of 6.5%

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Use the savings plan formula to answer the following question You put $300 per month in an investment plan that pays an APR of 6.5% How much money will you have after 23 years? Compare this amount to the total deposits made over the time period After 23 years the investment plan will contain $245964 23 (Do not round until the final answer. Then found to the nearest cont as needed)

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