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For her 1st birthday, Ruth's grandparents invested $1300 in an 18-year certificate for her that pays 12% compounded annually. How much will the certificate be

For her 1st birthday, Ruth's grandparents invested $1300 in an 18-year certificate for her that pays 12% compounded annually. How much will the certificate be worth on Ruth's 19th birthday? (Round your answer to the nearest cent.) $

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