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A deposit of $6,000 is made in a college savings fund that pays 6.5% interest, compounded continuously. The balance will be given to a student

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A deposit of $6,000 is made in a college savings fund that pays 6.5% interest, compounded continuously. The balance will be given to a student after the money has earned interest for 20 years. How much (in dollars) will the student receive? (Round your answer to the nearest cent.)

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