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How much you will have in this account at the end of 8 years

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You placed $6,539 in a savings account today that earns an annual interest rate of 9 percent compounded annually. How much you will have in this account at the end of 8 years? Assume that all interest received at the end of the year is reinvested the next year.

Round the answer to two decimal places.

Reference no: EM132481185

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