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Shayla deposited $3,000 into an account earning 5% interest per year, compounded every 6 months. She then added $1000 into the account at the end

Shayla deposited $3,000 into an account earning 5% interest per year, compounded every 6 months. She then added $1000 into the account at the end of each 6 month period over 11 years. How much money will be in the account at the end of the 11 years?

Round to the penny $ _____

Calculate the answer by read surrounding text.

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