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15-02-2024
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You plan to contribute $3,000 (at the end of each month) into an investment account that earns an APR of 5.02% (based on monthly compounding). If you continue doing so for 6 years, how much will you have in the account?
A) $100,000
B) $120,000
C) $140,000
D) $160,000

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