Reinvests the monthly interest recieved into same account

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Reference no: EM131020157

Josh currently has a $1,850 saved in an account that dispurses 1% of the total value monthly in interest (12% APR). Josh invests $1,000 a month and reinvests the monthly interest recieved into this same account. How much will Josh have after 10 years?

Please show me how you got this! I am trying to figure this with my calculator but I'm still learning how to use it

Reference no: EM131020157

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