Question: 3. Problem 4.32 Suppose you set up a savings plan whereby you will deposit $1000 per month into an account earning 0.5% per month compounded

3. Problem 4.32 Suppose you set up a savings plan whereby

3. Problem 4.32 Suppose you set up a savings plan whereby you will deposit $1000 per month into an account earning 0.5% per month compounded monthly. Your first deposit will be one month from now and your last deposit will be five years from now. How much will be in your account immediately after your last deposit

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