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You want to receive $ 5 7 5 at the end of every six months for 2 years. Interest is 1 0 . 4 %

You want to receive $575 at the end of every six months for 2 years. Interest is 10.4% compounded semi annually.
(a) How much would you have to deposit at the beginning of the 2-year period?
(b) How much of what you receive will be interest?

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