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Lee Holmes deposited $16,100 in a new savings account at 8% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,100
Lee Holmes deposited $16,100 in a new savings account at 8% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,100 at 8% interest compounded semiannually.
At the end of 6 years, what is the balance in Lees account? (Use the Table provided.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
Balance $ _____
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