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You have deposited $42,000 into an account that will earn an interest rate of 12% compounded semiannually. How much will you have in this account
You have deposited $42,000 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 seven years?
$92,848.62
$71,218.48
$94,957.97
$113,949.56
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