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In: Accounting

Can you solve this via a HP calculator, if so, how? If not, whats the long...

Can you solve this via a HP calculator, if so, how? If not, whats the long version?

In order to save for a new car, you decide to invest into Cuba Bank which pays an annual interest rate of 8% compounding interest semi-annually. You invest $2,000 now and add $500 at the end of every six month period. Including your final deposit, how much total will you have at the end of 6 years?

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