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If You Save $350 Per Month in an Account Paying

Question 107

Multiple Choice

If you save $350 per month in an account paying 2.75% interest compounded monthly, how much will you have in that account 12 years later?


A) $57,842.75
B) $58,952.45
C) $59,631.31
D) $60,412.54

Correct Answer:

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