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John plans to make semi-annual savings contributions of $17,694.58. His first semi-annual savings contribution is expected later today. John expects to earn 7.41 percent

 

John plans to make semi-annual savings contributions of $17,694.58. His first semi-annual savings contribution is expected later today. John expects to earn 7.41 percent per year. How many semi-annual savings contributions of $17,694.58 does John need to make in order to have $417,000.00?

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