If $6,000 is invested at an annual rate of 9% per year compounded monthly, the future value S at any time t (in months) is given by 
. What is the amount after 1 year? Round your answer to the nearest cent.
Definitions:
Performance-Related Pay
A compensation strategy where an employee's salary or wages are based directly on performance or productivity.
HR Strategy
A strategic framework for managing an organization's human resources, aimed at aligning HR practices with business objectives to foster growth and employee satisfaction.
Accountable
Being responsible or answerable for one's actions or decisions, often within a professional or organizational context.
Transitional Matrix
A chart that lists job categories held in one period and shows the proportion of employees in each of those job categories in a future period.
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