4.50 An engineer deposited her annual bonus of $10,000 into an account that pays interest at 8% per year, compounded semiannually. If she withdrew $1000 in months 2, 11, and 23, what was the total value of the account at the end of 3 years? Assume no inter- period compounding. (Note: See Problem 4.65 for additional analysis of this series.)

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4.50 An engineer deposited her annual bonus of

$10, 000

into an account that pays interest at

8%

per year, compounded semiannually. If she withdrew

$1000

in months 2,11 , and 23 , what was the total value of the account at the end of 3 years? Assume no interperiod compounding. (Note: See Problem 4.65 for additional analysis of this series.)

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