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Maya has a $1000.00 investment that offers an interest rate of 2.50% per annum, compounded monthly. If she invests it for 5 years, how much

Maya has a $1000.00 investment that offers an interest rate of 2.50% per annum, compounded monthly. If she invests it for 5 years, how much will the investment be worth at the end of the term? Write your answer in 5 significant figures.

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