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Use the formula for computing future value using compound interest to determine the value of...

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Basic Math

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Use the formula for computing future value using compound interest to determine the value of an account at the end of 9 years if a principal amount of 2 000 is deposited in an account at an annual interest rate of 5 and the interest is compounded quarterly The amount after 9 years will be Round to the nearest cent as needed E

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