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    Explorations in College Algebra
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    Exam 5: Growth and Decay: An Introduction to Exponential Functions
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    Alice Invests $9,000 in an Account Offering 7
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Alice Invests $9,000 in an Account Offering 7

Question 13

Question 13

Short Answer

Alice invests $9,000 in an account offering 7.5% interest compounded daily (365 times per year).
Find the value of the account after 10 years. Round your answer to the nearest cent.

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