You plan on contributing $5,000 (at the end of each month) into an investment account...
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You plan on contributing $5,000 (at the end of each month) into an investment account that earns an APR (based on monthly compounding) of 3.85%. If you continue doing so for 8 years, how much will you have in your account in exactly 8 years? To nearest $0.01
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You plan on contributing $5,000 (at the end of each month) into an investment account that earns an APR (based on monthly compounding) of 3.85%. If you continue doing so for 8 years, how much will you have in your account in exactly 8 years? To nearest $0.01 