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ou invested $15,200 today into an investment that earns 5% per year, compounding monthly. How much will the investment be worth at the end of

ou invested $15,200 today into an investment that earns 5% per year, compounding monthly. How much will the investment be worth at the end of 16 years?

Select one:

a. $33,201.97

b. $34,273.19

c. $33,179.69

d. $33,772.04

e. $33,005.84

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