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Your parents will give you $243 every month for 4 years starting from the last day of this month. Suppose the annual interest is 5.2
Your parents will give you $243 every month for 4 years starting from the last day of this month. Suppose the annual interest is 5.2 percent, but compounded monthly. If you saved every penny of your allowance every month, how much will you have in four years? Round your answer to FOUR decimal places. (Hint: payment period: END)
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