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Question 6 Deposits of $1,180 are made into an account at the beginning of each month for 2 years and 8 months. If interest is
Question 6 Deposits of $1,180 are made into an account at the beginning of each month for 2 years and 8 months. If interest is 3.31% compounded semi-annually. 1) How much will be the accumulated value? Round to the nearest cent. Choose BGN or END ? P/Y = C/Y = N= I/Y = % PV = $ PMT = $ FV = $ 2) How much of the accumulated value is interest? Round to the nearest cent. Interest = $ (enter a positive value)
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