Question: You deposit $10000 into a CD with 5% interest compounded monthly. The CD will last 10 years. When you use the compound interest formula we

You deposit $10000 into a CD with 5% interest compounded monthly.

You deposit $10000 into a CD with 5% interest compounded monthly. The CD will last 10 years. When you use the compound interest formula we discussed to find the amount you will have after 10 years, you will have: PN=10000(anumber). What is the number? Round to 3 decimal places

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