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You have deposited $1,200 into an account that will earn an interest rate of 12% compounded semiannually. How much will you have in this account

You have deposited $1,200 into an account that will earn an interest rate of 12% compounded semiannually. How much will you have in this account at the end of fourteen years?

$7,360.82

$7,054.12

$6,134.02

$4,600.52

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