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Mary can deposit $ 4 , 0 0 0 at the end of each six - month period for the next 1 0 years and

Mary can deposit $4,000 at the end of each six-month period for the next 10 years and earn
interest at an annual rate of 6%, compounded semiannually. What will the value of the
investment be after 10 years? If the deposits were made at the beginning of each year, what
would the value of the investment be after 10 years?

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