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8 February, 01:50

Matt is saving to buy a new motorcycle. If he deposits $70 at the end of each month in an account that pays an annual interest rate of 6.5% how much will he have in 15 months? Assume that the compunding is being done monthly.

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  1. 8 February, 02:11
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    You will have $1118.25 in 15 mouth
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