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An investor deposits $450,000 in an account paying 5.3% interest, compounded monthly. How much interest has been accumulated in the account by the end of

image text in transcribed An investor deposits $450,000 in an account paying 5.3% interest, compounded monthly. How much interest has been accumulated in the account by the end of year twelve? $366,520.24 $398,820.05 $108,820.86 $387,610.45

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