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Suppose $1,000 is deposited in a savings and loan account that pays 8% interest compounded semiannually. Use compound interest to calculate the following: A. How

Suppose $1,000 is deposited in a savings and loan account that pays 8% interest compounded semiannually. Use compound interest to calculate the following: A. How much money will be saved? (5 points) B. How much will be owed after 2 years

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