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Suppose a 40-year-old person deposits $$4,000$ per year in an Individual Retirement Account until age 65 . Find the total in the account with the following assumption of an interest rate. (Assume quarterly compounding, with payments of $$1,000$ made at the end of each quarter period.) Find the total amount of interest earned. $9%$ The total in the account is $$$ (Round to the nearest cent as needed.)
In order to accumulate enough money for a down payment on a house, a couple deposits $$511$ per month into an account paying $3%$ compounded monthly. If payments are made at the end of each period, how much money will be in the account in 7 years? What is the amount in the account after 7 years? (Round to the nearest cent as needed.)

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