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Manny Simpson deposited $860.00 in a new regular savings account that earns 5.5 percent interest compounded semiannually. He made no other deposits or withdrawals. What was the amount in the account at the end of 1 year?

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Manny Simpson deposited $860.00 in a new regular savings account that earns 5.5 percent interest compounded semiannually. He made no other deposits or withdrawals. What was the amount in the account at the end of 1 year?






 
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