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If you put $10 in a savings account at the end of each month for 15 years, how much money will be in the account
If you put $10 in a savings account at the end of each month for 15 years, how much money will be in the account at the end of the 10th year? Assume that the account earns 12% compounded monthly and round to the nearest $1.
a. $4,996
b. $1,200
c. None of these solutions is correct
d. $2,300
e. $3,485
please show steps on financial calculator
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