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Your bank offers a savings account that pays 3.75% interest, compounded monthly. How much will $500 invested today be worth at the end of 25

Your bank offers a savings account that pays 3.75% interest, compounded monthly. How much will $500 invested today be worth at the end of 25 years? a. $1,181.62 b. $1,255.08 c. $1,265.76 d. $1,274.93 e. $1,367.88

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