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Bob Belcher proprietor of Bob's Burgers, plans to make 15 semi-annual deposits of $3,000 beginning today ending 7 years from now into an account that
Bob Belcher proprietor of Bob's Burgers, plans to make 15 semi-annual deposits of $3,000 beginning today ending 7 years from now into an account that will pay 7% nominal annual rate compounded semi-annually. How much will Bob have in this account 7 years from today after he makes his deposit?
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