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You are depositing $130 at the end of each month. The current annual rate is at 7.8%, but is compounded semi- annually. You wish to

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You are depositing $130 at the end of each month. The current annual rate is at 7.8%, but is compounded semi- annually. You wish to know how long it will take you to raise $ 50000. Find the number of payments per year. O a. 1 O b. 12 . 6 O d. 2 O e.4

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