Calculate the future worth in year

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Calculate the future worth in year 12 of an investment fund that gets a deposit of $110,000 in the first 4 year, grows by $10,000 each year for the next 11 years, as well as bonus deposits of $12,000 in years 5 and 10. Interest rate is 10%, compounded semi-annually.

Reference no: EM131498936

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