For 16 years, Janet saved $1,100 at the beginning of every month in a fund that earned 4.5% compounded annually. a. What

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answerhappygod
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For 16 years, Janet saved $1,100 at the beginning of every month in a fund that earned 4.5% compounded annually. a. What

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For 16 years, Janet saved $1,100 at the beginning of every monthin a fund that earned 4.5% compounded annually.
a. What was the balance in the fund at theend of the period?
b. What was the amount of interest earnedover the period?
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