How much money will be in the account, Financial Accounting

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How much money will be in the account

Problem

You have decided to place $108 in equal deposits every month at the beginning of the month into a savings account earning 9.12 percent per year, compounded monthly for the next 13 years. The first deposit is made today. How much money will be in the account at the end of that time period?

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Financial Accounting: How much money will be in the account

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Financial Accounting: How much money will be in the account

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