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Lynn Ally, owner of a local Subway shop, loaned $52,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn

Lynn Ally, owner of a local Subway shop, loaned $52,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 10 years with 6% interest compounded semiannually.

How much will Lynn receive at the end of 10 years?

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