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Bram Johnson invests $500 at the end of each quarter for 10 years. The account earns 12% interest annually. What is the value of the

Bram Johnson invests $500 at the end of each quarter for 10 years. The account earns 12% interest annually. What is the value of the account at the end of 10 years?

$37,700

$37,700.60

$37,000

None of these

$3,700

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