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Solomon has accumulated $10,500 in his savings account. In addition, he plans to deposit $540 at the beginning of every six months into the account
Solomon has accumulated $10,500 in his savings account. In addition, he plans to deposit $540 at the beginning of every six months into the account for 5 years. If the account earns 4.80% compounded semi-annually, what will be the balance after 5 years?
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