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You plan to make twelve monthly payments of $1000 at the end of each month in the year 2024 . Given that the account pays

You plan to make twelve monthly payments of $1000 at the end of each month in the year 2024 . Given that the account pays 12% interest compounded monthly, how much should you deposit by the end of the year 2023 ? 6,194.37 8333.33 11,255,08

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