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Your parents have just opened a savings account for you. They plan to make monthly deposits of $200 for the next 10 years ( 120

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Your parents have just opened a savings account for you. They plan to make monthly deposits of $200 for the next 10 years ( 120 deposits) where the first deposit starts today. Assume that the account earns 0.5% interest per month. What will be the value of your savings account after 10 years? Use two methods as indicated in the Excel template. (4 points)

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