The result of the expression $ 10250 \times \left(1 + \frac{0.04}{12}\right)^{120} $ is approximately $ 15,281.03 $.

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Here are 5 related questions for further exploration:
1. What would the result be for different interest rates, such as 5% or 6%?
2. How does the time period (number of months) affect the final result?
3. Can you explain the concept of compound interest and its applications?
4. How does changing the principal amount (e.g., $5000 or $15000) affect the outcome?
5. What would happen if the interest were compounded quarterly instead of monthly?

**Tip:** Compound interest grows faster than simple interest because it earns interest on both the initial principal and the accumulated interest.

Calculate the compound interest for an initial amount of $10,250 with an interest rate of 4% compounded monthly for 10 years. Learn how to use the compound interest formula and understand the concept of exponential growth. This solution is suitable for high school students in Grades 9-12.

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