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3. You are creating an emergency fund and decide to place $415.00/month in an account that earns a 3.75% APR. How much interest accrues by the end of the first full month? 4. you consistently deposit $250.00 into a savings account on the 15th of each month, and the account earns a 2.5% APR. How much is the balance of your savings account at the end of the 3rd full month?
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