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(a) A $250,000 certificate of deposit earns interest of 12% per year compounded semiannually. Complete the following table with regard to semiannual compounding. What is total interest over the 2-year period? Semiannual period Principal Interest Compound Amount 1 2 3 4 (b) A family has inherited $300,000. If they choose to invest the $300,000 at 12% per year compounded quarterly, how many quarterly withdrawals of $25000 can be made? (Assume that the first withdrawal is three months after the investment is made)