In order to accumulate enough money for a down payment on a​ house, a couple deposits $ 1389 per month into an account paying 8 % compounded monthly.

 In order to accumulate enough money for a down payment on a​ house, a couple deposits $ 1389 per month into an account paying 8 % compounded monthly. If payments are made at the end of each​ period, how much money will be in the account in 8
​years?

 

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