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Billy plans to invest $18,000 in a CD that compounds 1.5% monthly. He must keep his money in the CD for 10 years. How much

Billy plans to invest $18,000 in a CD that compounds 1.5% monthly. He must keep his money in the CD for 10 years. How much money will he have when the investment ends?

$20,911.06

$22,022.74

$21,632.49

$19,629.83

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