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Beginning November 1, 1988 and ending May 1, 1994, semi annual depossits of $150 are made into account earning 11.75% /a a compounded semi annually. If the deposits remain untouched until November 1, 1998, what will be the amount in the account?
Beginning November 1, 1988 and ending May 1, 1994, semi annual depossits of $150 are made into account earning 11.75% /a a compounded semi annually. If the deposits remain untouched until November 1, 1998, what will be the amount in the account?