Money will be in account at the end of that time period

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You are going to save money for your son’s education. You have decided to place $4,162 every half year at the end of the period into a saving account earning 10.65 percent per year, compounded semi-annually for the next 7 years. How much money will be in the account at the end of that time period? Round the answer to two decimal places.

Reference no: EM131594571

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