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A PV of $4,250 is invested in an account that earns 10.5% with monthly compounding for 28 years. What is the FV? Group of answer

A PV of $4,250 is invested in an account that earns 10.5% with monthly compounding for 28 years. What is the FV?

Group of answer choices

$79,370.84

$16,745.00

$69,587.74

$26,713.74

Please answer using excel formula.

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