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To help repay debt that will come due in 1 2 years, a company places $ 2 0 , 0 0 0 in an account

To help repay debt that will come due in 12 years, a company places $20,000 in an account at the beginning of each six-month period. What amount will accumulate in the account at the end of 12 years, assuming an interest rate of 4.5% compounded semiannually?

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