Question: Zayra deposited $5,000 at 4% compounded semiannually for three years. At the beginning of the fourth year, Zayra deposited $2,500. What would her balance be
Zayra deposited $5,000 at 4% compounded semiannually for three years. At the beginning of the fourth year, Zayra deposited $2,500. What would her balance be at the end of five years assuming she is still earning 4% compounded semiannually?
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