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  3. if you invest $6800 in a fund that pays 10% annual

If you invest $6800 in a fund that pays 10% annual interest compounded monthly (12...

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If you invest $6800 in a fund that pays 10% annual interest compounded monthly (12 times per year), how much will you have after 9 years?Use the formula for compound interest: A=P(1+r)ntYou will have $ in your account after 9 years.(Do not round until the final answer. Then round to the nearest cent as needed.)

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