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Sam got a job at the Brick. He plans to save $ 5 0 0 every month for 3 years to buy a car. The
Sam got a job at the Brick. He plans to save $ every month for years to buy a car. The savings account earns compounded monthly. If he puts the money in his savings account at the beginning of each month, what will be the present value of the balance in the account at the end of the threeyear term?
Select one:
A
$
B
$
C
$
D
$
E
$
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