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How much can be paid in scholarships at the end of each half-year if $120,000 is deposited in a trust fund if interest is 4%

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How much can be paid in scholarships at the end of each half-year if $120,000 is deposited in a trust fund if interest is 4% compounded semi-annually? The amount that can be paid each half-year is 5 (Round the final answer to the nearest cont as needed Round all intermediate values to six docimal places as needed) an

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