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George put $1000.00 in an investment. He receives 12% interest per year, compounded monthly for 4 years. What will be the total accumulated amount that

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George put $1000.00 in an investment. He receives 12% interest per year, compounded monthly for 4 years. What will be the total accumulated amount that George will receive? $612.22 $480.00 $1,612.22 $1,480.00

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