Question: QUESTION 1 If you save 7 hundred dollars per month in a bank account that earns a 8% interest rate (compounded monthly) for 30 years,

QUESTION 1 If you save 7 hundred dollars per month in a bank account that earns a 8% interest rate (compounded monthly) for 30 years, how much will be in your account in 30 years time? (Please use at least 5 decimal places and do not use $ symbol in the answer)

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