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$10,000 is deposited into an account today that is to provide for 10 semi-annual payments of $R, first payment of $R to be made today.

$10,000 is deposited into an account today that is to provide for 10 semi-annual payments of $R, first payment of $R to be made today. If the account earns interest at j1 = 12%, what is R? A. $1,358.68 B. $1,273.51 C. $1,347.76 D. $1,281.77

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