Mia Kaminsky, owner of a Starbucks franchise, loaned $40,000 to Lee Reese to help him open a

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Mia Kaminsky, owner of a Starbucks franchise, loaned $40,000 to Lee Reese to help him open a new flower shop online. Lee plans to repay Mia at the end of 5 years with 4% interest compounded semiannually. How much will Mia receive at the end of 5 years?


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