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If Bob and Judy combine their savings of $2,000 and $600, respectively, and deposit this amount into an account that pays 7% annual interest, compounded
If Bob and Judy combine their savings of $2,000 and $600, respectively, and deposit this amount into an account that pays 7% annual interest, compounded monthly, what will the account balance be after 9 years? The account balance in 9 years will be $. (Round to the nearest cent.)
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