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You deposit $7,000 into a bank that pays 13% APR on deposits with the interest compounded monthly. How much money will you have in the
You deposit $7,000 into a bank that pays 13% APR on deposits with the interest compounded monthly. How much money will you have in the bank after 10 months? Round all your calculations to at least 4 decimal places. Round your answer to 2 decimal places, for example 100.12.
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