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Mathematics, 13.02.2022 16:50 barbar12345

According to one study, the average monthly cell phone bill in a certain country is $ 60(up 31% since 2009). If 22-year old student with an average bill gives up cell phone and each month invests the $ 60 would have spent on phone bill in a savings plan that averages a 4% annual return, how much will have saved by the time is65 ?

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