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Mathematics, 15.03.2020 17:46 Abrahamolve

Fred wants to invest the $1000 he received for his birthday. He finds an investment opportunity that will earn him 10% compounded monthly. How much money will Fred have after 3 years?

A
$1,002.46

B
$3,597.54

C
$1,348.18

D
$1,919.03

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