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1. Please check my answer (10472.78) and do the solution by hand. For the last 4 years Kerwin has made deposits if $110.00 at the
1. Please check my answer (10472.78) and do the solution by hand.
For the last 4 years Kerwin has made deposits if $110.00 at the end of every month earning interest at 5% compounded monthly. If he leaves the accumulated balance for another 6 years at 10% compounded semi-annually, what will the balance be in the account? Round to the nearest cent as needed and round all intermediate values to six decimal places as needed.
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