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12 June, 17:29

You have $1200 to invest in a bank account with an interest rate of 4.5%, compounded monthly. After how many years will your account total pass $2100? (A) 12 (B) 13 (C) 14 (D) 15

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  1. 12 June, 17:52
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    13

    Explanation:

    After 13 months total amount will be $2126.64
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