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Use the formula for computing future value using compound interest to determine the value of an account at the end of 9 years if
Use the formula for computing future value using compound interest to determine the value of an account at the end of 9 years if a principal amount of $2,000 is deposited in an account at an annual interest rate of 5% and the interest is compounded quarterly. The amount after 9 years will be $ (Round to the nearest cent as needed.)
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