A client has agreed to invest 6 0 0 in an account at the end of the

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Question:

A client has agreed to invest

600

in an account at the end of the

first semester of each year, and

800

at the end of the second

semester of each year. The bank pays an effective annual interest rate

8 % .

If he deposits these contributions for

8

years, how much will

this client have in the account at the end of

8

years, assuming no

withdrawals?

Posted Date: May 18, 2024 11:03 PM

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A client has agreed to invest 6 0 0 in an account at the end of the

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