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On Melissa's 6th birthday, she gets a $4000 CD that earns 5% interest,compounded semiannually. If...

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Basic Math

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On Melissa's 6th birthday, she gets a $4000 CD that earns 5% interest,compounded semiannually. If the CD matures on her 12th birthday, how muchmoney will be available?The amount available will be(Simplify your answer. Round to the nearest cent.)

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