$\$ 8000$ is invested in an account with a $6 \%$ interest rate compounded monthly. What is the value, to the nearest dollar, of the account after 5 years?

Name: $\$ 8000$ is invested in an account with a $6 \%$ interest rate compounded monthly. What is the value, to the nearest dollar, of the account after 5 years?
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The Answer of $\$ 8000$ is invested in an account with a $6 \%$ interest rate compounded monthly. What is the value, to the nearest dollar, of the account after 5 years?

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$\$ 8000$ Is Invested in an Account with A $6 \%$