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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 4.5

Use the savings plan formula to answer the following question. You put $300 per month in an investment plan that pays an APR of 4.5 %. How much money will you have after 26 years? Compare this amount to the total deposits made over the time period.

Question content area bottom Part 1 After years the investment plan will contain $ enter your response here . (Do not round until the final answer. Then round to the nearest cent as needed.)

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