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Lee Holmes deposited $17,200 in a new savings account at 11% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $42,200
Lee Holmes deposited $17,200 in a new savings account at 11% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $42,200 at 11% interest compounded semiannually.
At the end of 6 years, what is the balance in Lees account? (Do not round intermediate calculations. Round your answer to the nearest cent.)
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