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If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment be worth in 21
If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment be worth in 21 months (round to the nearest dollar)? a. $1,176 b. $770 c. $828 d. $827 e. $833
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