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An account starts with a value of $6,500. It earns 6.4%, compounded monthly. $400 is added to the account at the end of each month.
An account starts with a value of $6,500. It earns 6.4%, compounded monthly. $400 is added to the account at the end of each month. What will the account balance be after 35 years? Note: It is important that you do TWO calculations and round each one to the nearest penny to avoid a possible one-penny rounding issue. Answer = $ * (Round to the nearest cent/penny)
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