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For the last three years, an investor has paid 1 0 0 at the end of each month into a saving account that has achieved

For the last three years, an investor has paid 100 at the end of each month into a saving account that has achieved a real rate of interest of 3.5% per annum over this period. If inflation has been at a constant rate of 3.9% per annum, calculate the balance of the investor's account today.

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