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A person opened a bank account with $200,000 and during the first 4 years earned interest of 10% compounded semi-annually. a) $278,891.06 b) $289,562.02 c)

A person opened a bank account with $200,000 and during the first 4 years earned interest of 10% compounded semi-annually.

a) $278,891.06

b) $289,562.02

c) $295,491.09

d) $287,562.04

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