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Semiannual compounding implies that interest is compounded times per year. You have deposited $10,800 into an account that will earn an interest rate of 9%

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Semiannual compounding implies that interest is compounded times per year. You have deposited $10,800 into an account that will earn an interest rate of 9% compounded semiannually. How much will you have in this account at the end of 10 years? $26,046.51 $25,567.53 $28,651.16 $19,534.88

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