You have decided to place 300 in equal deposits every month, Financial Management

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You have decided to place 300 in equal deposits every month

You have decided to place $300 in equal deposits every month at the beginning of the month into a savings account earning 11.26 percent per year, compounded monthly for the next 9 years. The first deposit is made today. How much money will be in the account at the end of that time period?

Round the answer to two decimal places.

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Financial Management: You have decided to place 300 in equal deposits every month

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