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What is the future value of $1250 (today) after 5 years at 6% APR compounded monthly? Round to the nearest dollar. $7,046 $1,673 $1,686 $6,047

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What is the future value of $1250 (today) after 5 years at 6% APR compounded monthly? Round to the nearest dollar. $7,046 $1,673 $1,686 $6,047

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