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A deposit of $1,000 earns a return of 6.0% compounded monthly (monthly interest rate =0.5% ) for 10 years. The future value is closest to:

A deposit of $1,000 earns a return of 6.0% compounded monthly (monthly interest rate =0.5% ) for 10 years. The future value is closest to: $1,088,187.75$1,790.85$1,819.40

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