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Ana wants to accumulate $7,500 in a fund that pays 5% convertible every six months, making semi-annual deposits of $250 each. a. How many full

Ana wants to accumulate $7,500 in a fund that pays 5% convertible every six months, making semi-annual deposits of $250 each.

a. How many full deposits will he have to make ?

b. What additional deposit made on the last date will complete the $7,500 ?

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