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Compute how much money will be in the account

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Reference no: EM131379024

Finance: FV and PV of annuity non-annually

You are going to save money for your son's education. You have decided to place $3,256 every half year at the end of the period into a saving account earning 9.60 percent per year, compounded semi-annually for the next 14 years. How much money will be in the account at the end of that time period?

Reference no: EM131379024

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