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You placed $6,559 in a savings account today that earns an annual interest rate of 5 percent compounded annually. How much will you have in

You placed $6,559 in a savings account today that earns an annual interest rate of 5 percent compounded annually. How much will you have in this account at the end of 29 years. Assume that all interest received at the end of the year is invested the next year. Round to 2 decimals.

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