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Question

A bank offers an investment account with an annual interest rate

of 1.33

%

 compounded monthly. Charlie invests $

3700

 into the account for 3

 years. 


Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent


Assuming no withdrawals are made, how much money is in Charlie's account after 3

 years?

How much interest is earned on Charlie's investment after 3

 years?

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