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You make monthly deposit of $ 5 0 0 growing at 4 % for 2 0 years. Deposit are at the end of each month,

You make monthly deposit of $

500

growing at

4 %

for

20

years. Deposit are at the end of each month, Interest rate is

10 %

compounded monthly

.

How much will you withdraw at the end of

20

years

?

Solve with excel and show the formula used in the cell please.

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