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You have decided to invest $9,921 into a savings account that has an effective annual rate of 7%. If you keep the money invested and

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You have decided to invest $9,921 into a savings account that has an effective annual rate of 7%. If you keep the money invested and make no withdrawals at all, how much will be in your savings account after 16 years? Round your answer to two decimals (do not include the $-sign in your answer)

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