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Jenny Sherrer has $15,000 to invest and believes that she will earn 8% compounded semiannually. Find the compound amounts if she invests for 2 years
Jenny Sherrer has $15,000 to invest and believes that she will earn 8% compounded semiannually. Find the compound amounts if she invests for 2 years and for 9 years. Then find the additional amount earned due to the longer period.
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