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Question Number 197666 by mondli212 last updated on 25/Sep/23

$$$$$$\mathrm{For}\mathrm{the}\mathrm{past}10\mathrm{years}\mathrm{M}\mathrm{has}\mathrm{deposited}$$$$\mathrm{\$}40\mathrm{at}\mathrm{the}\mathrm{end}\mathrm{of}\mathrm{each}\mathrm{month}\mathrm{in}\mathrm{as}$$$$\mathrm{saving}\mathrm{bank}\mathrm{paying}3\mathrm{\%}\mathrm{p}.\mathrm{a}.$$$$\mathrm{compoundedsemi}\mathrm{annually}.\mathrm{If}\mathrm{they}$$$$\mathrm{polic}\mathrm{of}\mathrm{the}\mathrm{bank}\mathrm{is}\mathrm{to}\mathrm{place}\mathrm{eacht}$$$$\mathrm{deposi}\mathrm{at}3\mathrm{\%}\mathrm{p}.\mathrm{a}.\mathrm{simple}\mathrm{interest}\mathrm{on}\mathrm{ther}$$$$\mathrm{fist}\mathrm{of}\mathrm{each}\mathrm{month}\mathrm{and}\mathrm{compound}\mathrm{semi}$$$$\mathrm{annually}\mathrm{find}\mathrm{the}\mathrm{amount}\mathrm{to}\mathrm{Ms}\mathrm{credit}$$

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