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Diane has an insurance policy with a cash value at age 65 that will provide quarterly payments of $960 for 9 years, first payment one

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Diane has an insurance policy with a cash value at age 65 that will provide quarterly payments of $960 for 9 years, first payment one quarter after reaching 65. If the insurance company pays 5.7%/year compounded semi-annually on its funds, what is the cash value at age 65? Assume that simple interest is paid for part of an interest period

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