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1. You have invested $4,500 in an account that earns 8% compounded semi-annually. You plan on making additional payments of $75 per month. into this

1. You have invested $4,500 in an account that earns 8% compounded semi-annually. You plan on making additional payments of $75 per month. into this account for the next five years. How much will your investment be worth in 5 years? a. $11.344 b. $12,153 c. $12,654 d. $13,321 e.$13,538

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