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eBook a . You plan to make five deposits of $ 1 , 0 0 0 each, one every 6 months, with the first payment

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a. You plan to make five deposits of $1,000 each, one every 6 months, with the first payment being made in 6 months. You will then make no more deposits. If the bank pays 8% nominal interest, compounded semiannually, how much will be in your account after 3 years? Do not round intermediate calculations.
Round your answer to the nearest cent.
$
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