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A student invests $1,000 today in a savings account that pays 2.4% APR with monthly compounding. The student will leave the money in the account

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A student invests $1,000 today in a savings account that pays 2.4% APR with monthly compounding. The student will leave the money in the account for exactly 10 years. What will be the balance at the end of the 10th year? (round to the nearest dollar) $1,349 $1,268 $1,271 $1,344 $1,298

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