Question: Use the formula for computing future value using compound interest to determine the value of an account at the end of 4 years if a
Use the formula for computing future value using compound interest to determine the value of an account at the end of 4 years if a principal amount of $19,000 is deposited in an account at an annual interest rate of 3%and the interest is compounded monthly.
The amount after 4 years will be $?
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