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Three years ago, Betty deposited $12,000 into an account at Wagga Wagga Mutual Bank that pays an interest rate of 7% per annum, compounded half-yearly.
Three years ago, Betty deposited $12,000 into an account at Wagga Wagga Mutual Bank that pays an interest rate of 7% per annum, compounded half-yearly. The accumulated balance five years from now will be
Select one: a. $20,807.83 b. $20,618.23 c. $21,978.04 d. $21,325.80
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