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You have decided to place $612 in equal deposits every month at the beginning of the month into a savings account earning 8.40 percent per

You have decided to place $612 in equal deposits every month at the beginning of the month into a savings account earning 8.40 percent per year, compounded monthly for the next 12 years. The first deposit is made today. How much money will be in the account at the end of that time period?

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