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You open a savings account and deposit $5,000 with an interest rate of 12%, compounded monthly. You will make another deposit of $12,000 into your

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You open a savings account and deposit $5,000 with an interest rate of 12%, compounded monthly. You will make another deposit of $12,000 into your account two years from now. What will be the balance in your account 6 years from now? $27.80728 $27,407.84 S65728 529,5321 $27.31146

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