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A person wants to have $1000000 in their account 1 year from today. They have $700,000...

A person wants to have $1000000 in their account 1 year from today. They have $700,000 saved in a account. They will start saving from next month and grow savings 1.5% each month over the next year. The account earns 2.5% interest monthly, how much do they save next month?
a. $44645
b. $3924
c. $490
d. $39243
e. $48994
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