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$1,200 is deposited today into an account paying 6% interest compounded semiannually. How much interest will have been earned after 25 years? A. $1,312.53 B.

$1,200 is deposited today into an account paying 6% interest compounded semiannually. How much interest will have been earned after 25 years?

A.

$1,312.53

B.

$3,950.24

C.

$4,060.69

D.

$20,904.19

E.

$5,260.69

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