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Question
You start to save for a major purchase. You can invest $500 every three months for 10 years. You are able to earn 8% compounded semi-annually. What is the amount of interest that you earn during the entire term?
A) $10 072.94 B) $20 072.94 C) $30 072.94 D) $15 072.94 E) $25 072.94
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