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Sophia deposits $200 into her account every month. Her account pays 2.5% interest, compounded monthly. How much will she have in 20 years? a. $48,000.00

Sophia deposits $200 into her account every month. Her account pays 2.5% interest, compounded monthly. How much will she have in 20 years?

a. $48,000.00 b. $31,097.47 c. $62,194.94 d. $72,000.50

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