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David invested ( $ 4 4 , 0 0 0 ) at ( 8 % ) to be compounded

David invested \(\$ 44,000\) at \(8\%\) to be compounded monthly. What will be the value of David's investment in 4 years? Round your answer to the nearest cent, if necessary. Note: 365 days in a year and 30 days in a month.
David invested \ ( \ $ 4 4 , 0 0 0 \ ) at \ ( 8 \

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