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Betty DeRose is going to deposit $16,000 into a savings account at the end of every six months for the next eight years. Assume the 

Betty DeRose is going to deposit $16,000 into a savings account at the end of every six months for the next eight years. Assume the savings account will earn 10% interest compounded semi-annually. Calculate the amount of interest Betty DeRose will earn over the eight year period.

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