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OpenStudy (anonymous):
Melanie deposits $350 each month in an ordinary annuity to save for a trip to Europe. If the annuity pays 7.2% compounded monthly, how much will she be able to save in 5 years? Do not round until the final answer. Then, round to the nearest cent.
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OpenStudy (anonymous):
PLEASE PLEASE NEED HELP LOL Melanie deposits $350 each month in an ordinary annuity to save for a trip to Europe. If the annuity pays 7.2% compounded monthly, how much will she be able to save in 5 years? Do not round until the final answer. Then, round to the nearest cent.
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