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You invest $ 12,000 pesos at an annual rate of 3%. What will be the amount at the end after 5 years? If the interest

You invest $ 12,000 pesos at an annual rate of 3%. What will be the amount at the end after 5 years? If the interest is compounded monthly.

a)1,951.94

b)12,150.75

c)13,527.03

d)13,951.94

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