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You are to make monthly deposits of $775 into a retirement account that pays an APR of 9.9 percent compounded monthly. If your first deposit
You are to make monthly deposits of $775 into a retirement account that pays an APR of 9.9 percent compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 30 years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16
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