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Sutton deposited $12, 500 into an account paying 3.91% annual interest compounded monthly. How much...

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Basic Math

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Sutton deposited $12, 500 into an account paying 3.91% annual interest compounded monthly. How much money will be in the account after 7 years? (also called Future value).Round to the nearest cent if necessary.Choose one 4 points$16,427.94$16,427.00$16,595.00$16,594.94

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