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Alexander deposits $500 at the beginning of each month (including now) for 3 years. The account earns an APR of 6.3% compounded monthly. What is

Alexander deposits $500 at the beginning of each month (including now) for 3 years. The account earns an APR of 6.3% compounded monthly. What is the amount of interest earned during the 3rd year? a) 1003.38 b) 1040.15 c) 1123.38 d) 1160.15

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