Question: e T P ll Use the compound interest formula to compute the balance in the following account after the stated period of time, assuming interest

e T P ll Use the compound interest formula to compute the balance in the following account after the stated period of time, assuming interest is compounded annually. | \\\\ $14,000 invested at an APR of 4.9% for 17 years. The balance in the account after 17 years is $[ (Round to the nearest cent as needed.)

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