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  3. gaines invested $11,000 in a money market account

Gaines invested $11,000 in a money market account with an interest rate of 2.25% compounded...

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Gaines invested $11,000 in a money market account with an interest rate of 2.25% compounded semiannually. Three years later, Karen withdrew the full amountto put toward the down payment on a new house. How much did Karen withdraw from the account?KarenKaren withdrew $(Round to the nearest cent as needed.)

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