Malik contributes $1000 to an individual retirement account (IRA) semiannually. What will the value of the IRA
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Malik contributes $1000 to an individual retirement account (IRA) semiannually. What will the value of the IRA be when Malik makes his 30th deposit (after 15 years) if the per annum rate of return is assumed to be 7% compounded semiannually?
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