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Use the appropriate compound interest formula to compute the balance in the account after the stated period of time $11,000 is invested for 10 years

Use the appropriate compound interest formula to compute the balance in the account after the stated period of time

$11,000 is invested for 10 years with an APR of 6% and quarterly compounding.

The balance in the account after 10 years is $......

(Round to the nearest cent asneeded.)

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