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How much money would you need to deposit today at 5% annual interest compounded monthly to have $2000 in the account after 9 years? ### Correct answer: a = 1276.4491 USD ### Step-by-step explanation: Did you find an error or inaccuracy? Feel free to write us. Thank you! Tips to related online calculators Do you want to convert time units like minutes to seconds? #### You need to know the following knowledge to solve this word math problem: ## Related math problems and questions: • If you 2 If you deposit$4000 into an account paying 9% annual interest compounded monthly, how long until there is $10000 in the account? • If you 3 If you deposit$4500 at 5% annual interest compound quarterly, how much money will be in the account after 10 years?
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