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Dae-sung opens a bank account with $400. The account pays 6.50% compounded semi-annually and pays interest for partial periods according to the Linear (or Simple

Dae-sung opens a bank account with $400. The account pays 6.50% compounded semi-annually and pays interest for partial periods according to the Linear (or Simple Interest) Method. How much money does Dae-Sung receive if he withdraws it all 9 months after opening the account? (Give your answer to the nearest $0.01)

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