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[10] Deposits of $ 1000 are made at the end of each half year to a bank account for 7 years. Determine the accumulated value

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[10] Deposits of $ 1000 are made at the end of each half year to a bank account for 7 years. Determine the accumulated value of these payments if the interest rate is (a) [5] (12) (b) [5] (1) = 12%. = 12%

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