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Algebra
Pregunta

(2.3) If your client did NOT add any monthly contr...

(2.3) If your client did NOT add any monthly contributions to the Mutual Funds account, what will the initial value of \( \$ 6,700 \) grow to after \( 5 \) years? Assume monthly compounding. DO NOT DO ANY INTERMEDIATE ROUNDING OR YOUR ANSWER MAY BE MARKED WRONG. Answer \( = \$ \) (Round to two places) 

Answer

\(6700(1+ x)^{5\times 12}\)

Solución
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