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You deposit $500 each month into an account earning 8% interest compounded monthly. a) How much will you have in the account in 25 years?

You deposit $500 each month into an account earning 8% interest compounded monthly.

a) How much will you have in the account in 25 years?

b) How much total money will you put into the account?

c) How much total interest will you earn?

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