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Suppose you invest $50 a month in an annuity that earns 4.8% APR compounded monthly. How much money will you have in this account after 10 years?

Suppose you invest $50 a month in an annuity that earns 4.8% APR compounded monthly. How much money will you have in this account after 10 years?

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7,681.60 is the money will... View the full answer

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