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John Daly has just put $20,000 into an investment earning 7.5 percent a year for his son Jim's college education. Approximately how much will be

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John Daly has just put $20,000 into an investment earning 7.5 percent a year for his son Jim's college education. Approximately how much will be in the account for Jim in 5 years, assuming a semi-annual compounding

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