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BC Corp deposits $5,000 into a money market account at the end of each 6 month period for the next three years. How much will

BC Corp deposits $5,000 into a money market account at the end of each 6 month period for the next three years. How much will accumulate by the end of the sixth and final payment if the account earns 8% interest compounded semiannually?

Select one:

a. $33,165.00

b. $16,232.00

c. $36,679.50

d. none of the above.

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