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At the end of the year 2020, a banker invested $100,000 to a mutual fund, which promises a 12% return rate compounded semiannually. What will

At the end of the year 2020, a banker invested $100,000 to a mutual fund, which promises a 12% return rate compounded semiannually. What will the balance of her mutual fund account be at the end of the year 2023 (t=3)?

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