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Scottie wants to accumulate $ 3 0 , 0 0 0 for a down payment for a house. He can only afford to set aside

Scottie wants to accumulate $30,000 for a down payment for a house. He can only afford to set aside $ 300 at the beginning of every half-year . The account will credit interest semi-annually at the annual rate of 7.5%. You wish to know how long it will take Scottie to reach his goal. Find m (the number of compounding periods per year)
a.
9
b.
12
c.
4
d.
2
e.
1

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