If Bob and Judy combine their savings of $1,600 and $700, respectively, and deposit this...
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Accounting
If Bob and Judy combine their savings of $1,600 and $700, respectively, and deposit this amount into an account that pays 6% annual interest, compounded monthly, what will the account balance be after 10 years? The account balance in 10 years will be $ (Round to the nearest cent.)
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