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You open a savings account and deposit $10,000 with an interest rate of 8.80%, compounded semi-annually. If you make another deposit of $20,600 into your

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You open a savings account and deposit $10,000 with an interest rate of 8.80%, compounded semi-annually. If you make another deposit of $20,600 into your account 3 years from now, what will be the balance in your account 24 years from today? $203,490 $146,990 $196,499 $192,405 $204,686

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