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GERSHWIN TIME VALUE OF MONEY SITUATIONS (a) Gershwin makes $2,000 semiannual payments at 10% interest per year, compounded semiannually. What amount will Gershwin have at
GERSHWIN TIME VALUE OF MONEY SITUATIONS (a) Gershwin makes $2,000 semiannual payments at 10% interest per year, compounded semiannually. What amount will Gershwin have at the end of 8 years?
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