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Ima Saiver decides to begin contributing to a savings account for her daughter's college education. If she puts $200 into the account at the end
Ima Saiver decides to begin contributing to a savings account for her daughter's college education. If she puts $200 into the account at the end of every month and earns 5 percent interest per year (compounded monthly), how much will she have at the end of 12 years?
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$364
$3,183
$30,240
$39,353
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