Savings accounts linda has joined a christmas fund club at, Financial Management

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Savings accounts linda has joined a christmas fund club at

Savings Accounts Linda has joined a “Christmas Fund Club” at her bank. At the end of each month,

December through October inclusive, she will make a deposit of $50 in her fund. If the money earns interest at the rate of 7%/year

compounded monthly, how much will she have in her account on December 1 of the following year?

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