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To what amount will $5,000 invested for 8 years at 11 percent compounded annually accumulate? $5,000 invested for 8 years at 11 percent compounded annually

To what amount will $5,000 invested for 8 years at 11 percent compounded annually accumulate? $5,000 invested for 8 years at 11 percent compounded annually will accumulate to $. (Round to the nearest cent.)

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