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Solve with Lum sum. A 13-year-old has his dad save$100of his birthday money for the next family vacation. How much will he have after 15

Solve with Lum sum. A 13-year-old has his dad save$100of his birthday money for the next family vacation. How much will he have after 15 months if he can earn 3.75% compounded monthly? Round your answer to the nearest cent.

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