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If you deposit $5000 into an account paying 8.25% annual interest compounded semiannually, how much in the account at 20 years?
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If you deposit $5000 into an account paying 8.25% annual interest compounded semiannually, how much in the account at 20 years?

User Wooi
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Answer:

You would have saved up to $24,407 at the end of the 20 years

User Scott Huang
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