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You invest $1,200 at a 9% annual interest rate, stated as an APR. Interest is compounded monthly. How much will you have in 2 years?

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You invest $1,200 at a 9% annual interest rate, stated as an APR. Interest is compounded monthly. How much will you have in 2 years? In 2.5 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) 2 years 2.5 years

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