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You invest $2,100 at a 9% annual interest rate, stated as an APR. Interest is compounded monthly. How much will you have in a) 2
You invest $2,100 at a 9% annual interest rate, stated as an APR. Interest is compounded monthly. How much will you have in a) 2 years? and B) In 2.5 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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