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Question 7 of 9 This question 3 point s possible The amount after 8 years...

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Question 7 of 9 This question 3 point s possible The amount after 8 years will be Round to the nearest cent as needed Submit quiz Use the formula for computing future value using compound interest to determine the value of an account at the end of 8 years if a principal amount of 11 000 is deposited in an account at an annual interest rate of 6 and the interest is compounded quarterly 2

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