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Your friend is saving for a new car downpayment. So , for the last 4 years he made deposits of $ 2 2 6 .
Your friend is saving for a new car downpayment. So for the last years he made deposits of $ at the end of every six months earning interest at compounded semiannually.
If your friend decides not to purchase a new car and leaves the accumulated balance for another ten years at compounded quarterly, what will the balance be in your account?
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