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Homework answers / question archive / You plan to buy a house in 6 years

You plan to buy a house in 6 years. You want to save money for a down payment on the new house. You are able to place $271 every month at the end of the month into a savings account at an annual rate of 4.06 percent, compounded monthly. How much money will be in the account after you made the last payment? *Round the answer to two decimal places. Show working & formula*

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