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You build an annuity by investing P dollars every month at interest rate r, compounded monthly. Find the amount A accrued after n months using
You build an annuity by investing P dollars every month at interest rate r, compounded monthly. Find the amount A accrued after n months using the formula A =p (1 + r/12)7 - 1 r/12 where r is in decimal form. (Round your answer to two decimal places.) P = $118, r = 0.09, n = 62 months A = $
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