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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 6 years if a

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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 6 years if a principal amount of 12 000 is deposited in an account at a annual interest rate of 7 and the interest is compounded monthly The amount after 6 years will be Round to the nearest cent as needed

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