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For the transactions shown below, determine the amount of money in the account at the end of year 3 if the interest rate is 10%

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For the transactions shown below, determine the amount of money in the account at the end of year 3 if the interest rate is 10% per year, compounded semiannually. Assume no inter period compounding. Draw the cash flow diagram. Amount Amount of End of of Withdrawal, Quarter Deposit, $/Quarter $/Quarter 1 950 1050 1200 2000 1200 2-5 8 11

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