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If Bob and Judy combine their savings of 1400$ and 600$, respectively, and deposit this amount into an account that pays 3% annual interest, compounded
If Bob and Judy combine their savings of 1400$ and 600$, respectively, and deposit this amount into an account that pays 3% annual interest, compounded monthly, what will the account balance be after 6 years? The account balance in 6 years will be $ enter your response here. (Round to the nearest cent.)
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