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13) How much will a $50 deposit made today be worth in 20 years if interest is compounded monthly at an annual interest rate of
13)
How much will a $50 deposit made today be worth in 20 years if interest is compounded monthly at an annual interest rate of 10 percent?
Select one:
a. $366.40
b. $336.38
c. $309.59
d. $150.00
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