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5. You are planning to set up a deposit account and invest 500$ every month for the next six months. According to the strict policies

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5. You are planning to set up a deposit account and invest 500$ every month for the next six months. According to the strict policies of your bank, your deposit account will be compounded semi-annually. If the relevant interest rate is 7% and if your first deposit payment occurs today, what will be the value of your account at the end of the investment period

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