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Luke deposited $2500 into a savings account that earns 3.50% annually but is compounded 4 times per year. He plans to leave the funds in
Luke deposited $2500 into a savings account that earns 3.50% annually but is compounded 4 times per year. He plans to leave the funds in the accounts for 5.50 years. However, at the end of 1.50 years, Luke has to withdraw $500. What amount will be in the account at the end of the original 5.50 years
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