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You have recently found an investment that promises a 9% return for 9 years. If you decide to make the investment, and make MONTHLY DEPOSITS

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You have recently found an investment that promises a 9% return for 9 years. If you decide to make the investment, and make MONTHLY DEPOSITS of $1,500, how much money will you have in the account after the nine years? Reference the below formulas to answer your question: PV=FV/(1+r)tPVA=PMT(1((1+r)t)/r)FVA=PMT(((1+r)t)1)/r)FV=PV(1+r)tPVA=PMT(1(1+(r/12))t(12))/(r/12)FVA=PMT(((1+(r/12))t(12))1)/(r/12) You have recently found an investment that promises a 9% return for 9 years. If you decide to make the investment, and make MONTHLY DEPOSITS of $1,500, how much money will you have in the account after the nine years? Reference the below formulas to answer your question: PV=FV/(1+r)tPVA=PMT(1((1+r)t)/r)FVA=PMT(((1+r)t)1)/r)FV=PV(1+r)tPVA=PMT(1(1+(r/12))t(12))/(r/12)FVA=PMT(((1+(r/12))t(12))1)/(r/12)

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