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13. [-73.92 Points] DETAILS HARMATHAP12 5.3.045. MY NOTES ASK YOUR TEACHER PRACTI If $6,000 is invested at 3% per year compounded monthly, the future value

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13. [-73.92 Points] DETAILS HARMATHAP12 5.3.045. MY NOTES ASK YOUR TEACHER PRACTI If $6,000 is invested at 3% per year compounded monthly, the future value S at any time t (in months) is given by S = 6,000(1.0025) (a) What is the amount after year? (Round your answer to two decimal places.) $ (b) How long before the investment doubles? (Round your answer to one decimal place.) months Need Help? Read It Talk to a Tutor

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