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A couple received a $121,000 inheritance the year they turned 46 and invested it in a fund that earns 7.2% compounded semiannually. If this amount
A couple received a $121,000 inheritance the year they turned 46 and invested it in a fund that earns 7.2% compounded semiannually. If this amount is deferred for 16 years (until they retire), how much will it provide at the end of each half year (in dollars) for the next 20 years after they retire? (Round your answer to two decimal places.) $
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