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Determine how much will have in account at the end

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Question 1: You placed $2,675 in a savings account today that earns an annual interest rate of 15.17 percent, compounded semiannually. How much will you have in this account at the end of 27 years? Assume that all interest received at the end of the period is reinvested the next period.

Reference no: EM132532241

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