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How much money would he have after 10 years

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The Set for Life instant scratch n' win ticket offers players a chance to win $1000 per month for the next 10 years starting immediately upon validation. If a winner invests all of it in an savings account earning 3% compounded yearly. How much money would he have after 10 years?

Include all the steps and the final answer.

Reference no: EM133023090

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