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Your friend is saving for a new car downpayment. So, for the last 4 years he made deposits of $226.00 at the end of every six months earning interest at 5.7%compounded semiannually. If your friend decides not to purchase a new car and leaves the accumulated balance for another ten years at 5.5% compounded quarterly, what will the balance be in your account? a. $3414 b. $3439 c. $3452 d. $3460
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