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You have decided to give up a $3.10-per-day coffee habit, and deposit the money that you saved at the end of every month into a

You have decided to give up a $3.10-per-day coffee habit, and deposit the money that you saved at the end of every month into a Tax Free Savings Account (TFSA) that will earn 2.58% compounded monthly. For the purposes of this scenario, assume that each month has 30 days. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

a.How much will you have altogether in the TFSA when you graduate from college in exactly three years from now?

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