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A ) Today , King deposited $ 5 0 0 , 0 0 0 in an investment account that is expected to return 8 %

A)Today, King deposited $500,000 in an investment account that is expected to return 8%, compounded semiannually. What amount is expected to be in the account in four years?
b)What is the value today of receiving $6,500 at the end of each year for the next 6 years, assuming an interest rate of 11% compounded annually?

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