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    Exam 20: Exponential and Logarithmic Functions
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    A Person Has\(\$ 25,000\) Is Invested in an Account That Pays
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A Person Has $25,000\$ 25,000$25,000 Is Invested in an Account That Pays

Question 68

Question 68

Short Answer

A person has $25,000\$ 25,000$25,000 is invested in an account that pays 6%6 \%6% interest per year, compounded monthly. What is the value of the account after ten years?

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