Alice Kate puts $2,500 in a bank at the end of every six months. The bank pays 2% compounded semiannually. Assuming Alice does this for four years, what is the total interest she will receive?

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The Answer of Alice Kate puts $2,500 in a bank at the end of every six months. The bank pays 2% compounded semiannually. Assuming Alice does this for four years, what is the total interest she will receive?

Alice Kate Puts $2,500 in a Bank at the End