I want to use the appropriate compound interest formula to compute the balance in the account after the stated period of time $8,000 of my money has been invested for 14 years with an APR of 6 and monthly compounding My balance in my account after 14 years will be $

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I want to use the appropriate compound interest formula to compute the balance in the account after the stated period of time. $8,000 of my

I want to use the appropriate compound interest formula to compute the balance in the account after the stated period of time.

$8,000 of my money has been invested for 14 years with an APR of 6% and monthly compounding.

My balance in my account after 14 years will be $ ?

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