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A fund of 10,000 is to be accumulated by semiannual payments of 300. If the fund earns interest at 10% compounded semiannually, what is the

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A fund of 10,000 is to be accumulated by semiannual payments of 300. If the fund earns interest at 10% compounded semiannually, what is the number of payments required and what is the amount of the final deposit? (a) 19 payments of 300 and the 20th payment of 80.21 (b) 19 payments of 300 and the 20th payment of 380.21 (c) 20 payments of 300 (d) 20 payments of 300 and the 21st payment of 380.21

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