Question: What principal value will grow to $ 2 7 0 5 if invested for 2 7 months at 1 0 . 9 6 % p

What principal value will grow to $2705 if invested for 27 months at 10.96% p.a. compounded monthly? State your answer in dollars ($) with two decimals.
Answer:
 What principal value will grow to $2705 if invested for 27

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