Mathematics, 30.10.2020 04:20, Jeiku3629

On Tom's 13th birthday, his uncle invested $1000 in an account that was locked into a 3.75% interest rate, compounded monthly. How much will Tom have in the account when he turns 18?
Round to the nearest cent.

Answers: 3

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On Tom's 13th birthday, his uncle invested $1000 in an account that was locked into a 3.75% interest rate, compounded monthly. How much will Tom have in the account when he turns 18? Round to the nearest cent.

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On Tom's 13th birthday, his uncle invested $1000 in an account that was locked into a 3.75% interest rate, compounded monthly. How much will Tom have in the account when he turns 18?
Round to the nearest cent.