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You have decided to place $940 in equal deposits every month at the beginning of the month into a savings account earning 13.45 percent per
You have decided to place $940 in equal deposits every month at the beginning of the month into a savings account earning 13.45 percent per year, compounded monthly for the next 13 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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