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A financial advisor recommends that a client deposit $2300 into a fund that earns 7.5% annual interest compounded monthly. What will be the value of the investment after 3 years? Round to the nearest cent.
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A financial advisor recommends that a client deposit $2300 into a fund that earns 7.5% annual interest compounded monthly. What will be the value of the investment after 3 years? Round to the nearest cent.

User Domarm
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1 Answer

4 votes
if im right the answer should be $2787.88
User Mark Galeck
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