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6. Ann Hardy has set up a savings account to pay for a dream vacation. She will deposit $870 at the beginning of each six
6. Ann Hardy has set up a savings account to pay for a dream vacation. She will deposit $870 at the beginning of each six month period for seven years into a savings account. The interest rate on the account is 5.2% compounded semi-annually. (Note this is an annuity.) What will be the value of the account at the end of seven years and How much interest will the account have earned over the seven years?
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