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Your aunt is planning to invest in a bank CD that will pay 7.5 percent interest semiannually. If she has $12,000 to invest, how much

Your aunt is planning to invest in a bank CD that will pay 7.5 percent interest semiannually. If she has $12,000 to invest, how much will she have at the end of four years? (Round your answer to the nearest penny.)

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