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$ 19914 of principal is invested today for seven years and six months at 8.6% p.a. compounded monthly. Calculate the future value of this investment.

$ 19914 of principal is invested today for seven years and six months at 8.6% p.a. compounded monthly. Calculate the future value of this investment. a. $ 37868.62 b. $ 36732.56 c. $ 39526.42 d. $ 39004.68 e. $ 36280.34

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