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8300 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the account after 14 years, to the nearest cent? round

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Answered by GPT-5 mini AI
Assuming interest is compounded annually:

A = 8300(1 + 0.065)^14 = 8300(1.065)^14 ≈ $20,043.46.