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5. Mrs. Truhan's savings account pays 5.25% interest, compounded semiannually. If her balance on January 1 is $1200.00 and she made no additional deposits or

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5. Mrs. Truhan's savings account pays 5.25% interest, compounded semiannually. If her balance on January 1 is $1200.00 and she made no additional deposits or withdrawals, what would be her balance on January 1 of the following year

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