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Leonel invested his summer internship wages of $3,525.00 in a security bond provided by his insurance agency. The bond earns a nominal interest rate of

Leonel invested his summer internship wages of $3,525.00 in a security bond provided by his insurance agency. The bond earns a nominal interest rate of 12% and is compounded monthly. Calculate the maturity value for the bond if Leonel leaves the money alone for 5 years

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