Question: Question Completion Status: QUESTION 10 Use the answer to the previous question to answer this question. Suppose Carlos needs to save up enough money over

Question Completion Status: QUESTION 10 Use the answer to the previous question to answer this question. Suppose Carlos needs to save up enough money over the next 6 years to purchase an in ground swimming pool. Assume that his investment plan pays an APR of 4.8% compounded monthly. If Carlos is able to place $80 into the account each month (for 6 years), then how much money will he have saved up? Round off to the nearest dollar. APR ) (nn + - 1 Set up: A - PMTX n APR n APR ( Step 1: Calculate the numerator: 1+ APR) - 1. Round off to 5 digits after the decimal. numerator = [numerator] ALIESTION 11

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