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Can someone please help me with the following, step by step in excel. You have decided to place $938 in equal deposits every month at the beginning of the month into a savings account earning 12.66 percent per year, compounded monthly for the next 3 years. The first deposit is made today. How much money will be in the account at the end of that time period? I am having trouble with calculating the monthly payments with interest.

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Financial Management, Finance

Category:- Financial Management
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