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Company R invests $120,500 in an account at the beginning of every year for a total of 6 years. If Company R can earn 8%

Company R invests $120,500 in an account at the beginning of every year for a total of 6 years. If Company R can earn 8% interest compounded semiannually, what will be the balance in the account at the end of 6 years?

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