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