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Jack receives monthly payments of $4000 at the end of each month into a bank account. His bank offers him an interest rate on his

Jack receives monthly payments of $4000 at the end of each month into a bank account. His bank offers him an interest rate on his savings of 3.0% compounded daily. A) How much will Jack have after 12 months assuming he does not withdraw any money between now and then? Jack will have $ after 12 months (Round your answer to two decimal places)

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