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You receive a credit card offer in the mail quoting you 19% interest compounded monthly. If there is no minimum monthly payment and you currently

You receive a credit card offer in the mail quoting you 19% interest compounded monthly. If there is no minimum monthly payment and you currently owe $2,134.50, how much will you owe at the end of the year?

$2,540.06

$2,573.70

$405.56

$442.80

None of the above

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