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If Bob and Judy combine their savings of $1,000 and $700, respectively, and deposit this amount into an account that pays 4% annual interest, compounded
If Bob and Judy combine their savings of $1,000 and $700, respectively, and deposit this amount into an account that pays 4% annual interest, compounded monthly, what will the account balance be after 9 years?
The account balance in 9 years will be ?
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