Question: Solve the given problem related to compound interest Find the balance if $6500 is invested at an annual interest rate of 6.5%, compounded annually,

Solve the given problem related to compound interest Find the balance if

Solve the given problem related to compound interest Find the balance if $6500 is invested at an annual interest rate of 6.5%, compounded annually, after the following number of years. (Round your answers to the nearest cent (0) 5 years $ (b) 12 years

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