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You have deposited $ 1 , 2 0 0 into an account that will earn an interest rate of 8 % compounded semiannually. How much

You have deposited $1,200 into an account that will earn an interest rate of 8% compounded semiannually. How much will you have in this account at the end of eight years?
$1,798.06
$2,247.58
$1,573.31
$2,584.72

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