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A retirement account is opened with an initial deposit of $6,500 and earns 8.15% interest compounded monthly. What will the account be worth in

A retirement account is opened with an initial deposit of $6,500 and earns 8.15% interest compounded monthly. What will the account be worth in 30 years? (Round your answer to the nearest.cent... Enter a number. t Refer to the general compound interest formula. When interest is compounded monthly, what is the value of n? How is the interest rate expressed as a decimal? Additional Materials

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