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Julie wants to invest $3,000 into a mutual fund that pays 7% interest for 10 years. Suppose the interest were compounded monthly instead of annually.

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Julie wants to invest $3,000 into a mutual fund that pays 7% interest for 10 years. Suppose the interest were compounded monthly instead of annually. How much would the future value of the investment increase? Enter your answer as a dollar amount such as: $425.36

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