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If you put $10 in a savings account at the beginning of each month for 10 years, how much money will be in the account
If you put $10 in a savings account at the beginning of each month for 10 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)
$3,727
B)
$1,200
C)
$1,344
D)
$2,323
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