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Paul Jackson saved 6,200 over the last 2 years and decided to invest in an Individual Savings Account (ISA), which is a type of savings

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Paul Jackson saved 6,200 over the last 2 years and decided to invest in an Individual Savings Account (ISA), which is a type of savings account that offers tax exemptions to residents of the United Kingdom. If the ISA pays 3% annual interest, what will the account balance be after 3 years? The account balance in 3 years will be (Round to the nearest penny.)

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