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Monica has recently inherited $8900, which she wants to deposit into an IRA account. She has determined that her two best bets are an account

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Monica has recently inherited $8900, which she wants to deposit into an IRA account. She has determined that her two best bets are an account that compounds monthly at a rate of3 % (Account 1) and an account that compounds semi-annually at an annual rate of5 % (Account 2). Step 2 of 2: How much would Monica's balance from account 2 be after 5 years? Round to two decimal places. Answer E Keypad How to enter your answer (opens in new window) Keyboard Shortcuts

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