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e . Ehab decides to deposit $ 1 5 0 at the start of each six months into a savings account that earns 8 %

e. Ehab decides to deposit $150 at the start of each six months into a savings account that
earns 8% interest (nominal annual rate). If he continues this for 4 years, how much will his
deposits grow to by the end of the fourth year? (3M)
A) $1,3813.65
B) $1,437.42
C) $1,450.00
D) $1,462.00
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