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Business, 07.07.2019 07:00 cookies1164

Michelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $130130 per month for savings. her bank will pay her 5 %5% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

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