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You deposit $5,300 in an account earning 7% interest compounded semiannually. How much will you have in the account after 8 years? (Note: Use n12

You deposit $5,300 in an account earning 7% interest compounded semiannually. How much will you have in the account after 8 years? (Note: Use n12 for monthly compounding, n = 4 for quarterly compounding, ni - 2 for semiannual compounding, and n=1 for annual compounding.)

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