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Viviana starts saving money for her retirement by making monthly deposits of 150 in a fund that earns a rate i(12) = 6%. The first
Viviana starts saving money for her retirement by making monthly deposits of 150 in a fund that earns a rate i(12) = 6%. The first deposit occurs on January 1, 2005. Monica loses her job and cannot make the deposits 60, 61, . . . , 72. After that, she continues with monthly deposits of 150. She calculates the value of the fund on January 1, 2029, just after the deposit made that day
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