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Lee Holmes deposited \$15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional \$40,000 at 9% intrest compounded semiannually. At the end of 6 years, what is the balance in Lee's account?

Erica invests \$10,000 at 5% interest compounded annually.

How much interest will Erica earn in 3 years

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