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You deposit $1,000 in an account offering 8% interest yield, compounded monthly. At the end...

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Accounting

You deposit $1,000 in an account offering 8% interest yield, compounded monthly. At the end of 5 years your total balance is (nearest $1)

a.) $1,369

b.) $1,469

c.) $1,486

d.) $1,490

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