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John Lee's savings account has a balance of $1581. After 4 years, what will the amount of interest be at 5% compounded semiannually? Round answer
John Lee's savings account has a balance of $1581. After 4 years, what will the amount of interest be at 5% compounded semiannually? Round answer to the nearest cent. A. $340.72 B. $316.20 C. $164.13 D. $345.29
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