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. A new financial product will give you a semi - annual return of 0 . 4 5 % if you invest $ 2 0

.A new financial product will give you a semi-annual return of 0.45% if you invest $200 per six months for 10 consecutive years.How much will you have after 10 years? (round the final outcome to 2 decimal places)
b. Laura has just bought an investment property. She estimates that the kitchen will have to be renewed for $36,700 after 7 years.To cover these costs, she intends to save an equal amount of money at the end of each fortnight, earning 2.3% per annum. How much does she need to save each fortnight? (round the final outcome to 2 decimal places)Show workings

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