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| Monthly Savings Amount | $500.00 |
|---|---|
| Annual Interest Rate | 5.00% |
| Time Period | 10 years (120 months) |
| Compounding Frequency | Monthly |
| Total Contributions | $60,000.00 |
| Interest Earned | $17,641.14 |
| Future Value | $77,641.14 |
| Effective Annual Rate | 5.12% |
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