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you open a savings account today(the middle of the month)with a $775 deposit. the account pays 6.25% interest (annual value) compounded semimonthly.If you make semimonthly

you open a savings account today(the middle of the month)with a $775 deposit. the account pays 6.25% interest (annual value) compounded semimonthly.If you make semimonthly deposits of $50 beginning next month, how long will it take for your account to reach $4000?

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