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Bob deposited $2000 in a bank account today that pays 12% annual interest, compounded monthly. Find the value of the deposit at the end of

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Bob deposited $2000 in a bank account today that pays 12% annual interest, compounded monthly. Find the value of the deposit at the end of year 5. Which of the following Excel formulas is/are correct? A-FV(12%,5,0.-2000,0) 8. -FV12%/12.60.0.-2000, 0) C = F((1+12%/12/12.1.5.0-2000, 0) Both A and B Both Band

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