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Posted on Jul 27, 2024

Alliance Industries sets aside $ 4 8 0 0 . 0 0 at the beginning of every year in a fund to replace equipment. If

Alliance Industries sets aside $

4800.00

at the beginning of every year in a fund to replace equipment. If interest is

6 %

compounded semi

-

annually how much will be in the fund after

3

years?

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