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Exercise #4: Semiannual compounding. You deposit $10,000 into an account now. The interest rate is 8% compounded semiannually. How much money is in your account

Exercise \#4: Semiannual compounding. You deposit $10,000 into an account now. The interest rate is 8% compounded semiannually. How much money is in your account one year from now? Three year from now? What is the EAR

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