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OpenStudy (anonymous):
You deposit $40 at the end of every six months into an annuity with 5% interest compounded semiannually. How much interest will have accumulated after 25 years? Do not round until the final answer. Then round to the nearest dollar as needed.
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OpenStudy (anonymous):
$1899.37
OpenStudy (anonymous):
Thats rounding to the nearest dollar?
OpenStudy (anonymous):
$1899
OpenStudy (anonymous):
Thank you
OpenStudy (anonymous):
no problem.
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