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You are saying for a new house and you plan to put $8,000 every six months in an account paying an APR of 7.5% with

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You are saying for a new house and you plan to put $8,000 every six months in an account paying an APR of 7.5% with semiannual compounding for the next six years. The bank asks you to deposit the money at the beginning of each period. How much will you have at the end of the six year period? Multiple Choice $118,496.92 $122,940.56 $120,061.07 $123,128.82 $115,863.51

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