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Sam got a job at the Brick. He plans to save $500 every month for 3 years to buy a car. The savings account earns
Sam got a job at the Brick. He plans to save $500 every month for 3 years to buy a car. The savings account earns 2.25% compounded semi-annually. If he puts the money in his savings account at the beginning of each month, what will be the balance in the account at the end of the three-year term?
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