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Identify answer using financial calculator: Assume that you can invest to earn a stated annual rate of return of 12 percent, but where interest is
Identify answer using financial calculator: Assume that you can invest to earn a stated annual rate of return of 12 percent, but where interest is compounded semiannually. If you make 20 consecutive semiannual deposits of $500 each, with the first deposit being made today, what will your balance be at the end of Year 20?
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