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You deposit $100 each month into an account earning 7% interest compounded monthly. a) How much will you have in the account in 20 years?
You deposit $100 each month into an account earning 7% interest compounded monthly.
a) How much will you have in the account in 20 years?
$
b) How much total money will you put into the account?
$
c) How much total interest will you earn?
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