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Mathematics, 05.10.2021 17:50 lilyplant4289

Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years he'll have $100. Benny says that the correct amount is $163. The Regular Deposits Rule of Thumb should be helpful here.
Find the correct balance after two years. (Round your answer to the nearest cent.)

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