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06-06-2023
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What is the maturity value of a 4-year term deposit of$4351.72 at 6.4% compounded semi-annually? How much interest did the deposit earn?
The maturity value of the term deposit is$
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
The amount of interest earned is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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