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Lauren plans to deposit $3000 into a bank account at the beginning of next month and $250/month into the same account at the end of that month and at the end of each subsequent month for the next 7 yr. if her bank pays interest at a rate of 7%/year compounded monthly, how much will lauren have in her account at the end of 7 yr? (assume she makes no withdrawals during the 7-yr period. round your answer to the nearest cent.)
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