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You plan on contributing $3,000 (at the beginning of each month) into an investment account that earns an APR (based on monthly compounding) of 1.37%.
You plan on contributing $3,000 (at the beginning of each month) into an investment account that earns an APR (based on monthly compounding) of 1.37%. If you continue doing so for 12 years, how much will you have in your account in exactly 12 years?
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