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How much money will you have in 35 years if you invest ​$800 at the beginning...

How much money will you have in 35 years if you invest ​$800 at the beginning of each month at 8.2 percent interest rate being compounded​ semi-annually?

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Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

SOLVED WITH BA II PLUS CALCULATOR AS WELL AS EXCEL

HERE COMPOUNDING PERIOD AND PAYMENT PERIODS ARE DIFFERENT

jeff jeffy answered 1 year ago
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