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QUESTION
In order to accumulate enough money for a down payment on a house, a couple deposit $574 per month into an account paying 6 % compounded monthly.
In order to accumulate enough money for a down payment on a house, a couple deposit $574 per month into an account paying 6 % compounded monthly. If payments are made at the end of each period, how much money will be in the account in 33 years?
