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juan invested $700 into rrsp that earned interest at 7.5% compounded semi-annually for four years. a. find the balance of the account at the end
juan invested $700 into rrsp that earned interest at 7.5% compounded semi-annually for four years.
a. find the balance of the account at the end ofthe period
b. how much interest is earned
c. what is the effective rate of interest
** round all intermediate values to 6 decimals and the final answer to the nearest cent as needed ($ xxx.XX)
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