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Henry plans to make regular savings of $250 per month for the next 9 years into an account that earns 7.5% interest per annum compounded

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Henry plans to make regular savings of $250 per month for the next 9 years into an account that earns 7.5% interest per annum compounded half yearly. The first payment will be made immediately. The future value of his savings one month after the last payment is: Select one: a. $37,556.22 b. $38,415.40 c. $37,998.12 d. $38,180.42

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