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You invest $100 monthly into a savings account that earns 6.7% compounded monthly for five years. You then let the account sit for 25 years
You invest $100 monthly into a savings account that earns 6.7% compounded monthly for five years. You then let the account sit for 25 years earning the same interest rate compounded monthly. How much money is in the account at the end of the 30 years? Cior form
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