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You have $50,000 in an account that earns 6% per year, compounded monthly. You plan to deposit an additional $7,500 at the end of each
You have $50,000 in an account that earns 6% per year, compounded monthly. You plan to deposit an additional $7,500 at the end of each month for the next ten years. Compute the future value of the account ten years from now. Attach Excel file to show your calculation
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