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1. Assume that today you have $20,000 and want to open a semi-annual deposit account....

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1. Assume that today you have $20,000 and want to open a semi-annual deposit account. You will also add $3,000 to your account at the beginning of every semi-annum. The bank will give you 3.45% per annum. What will be your total money in 4 years? S (20 Points)

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