Assume that all interest received at the end of the period

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You placed $8,173 in a saving account today that earns an annual interest rate of 10.41 percent, compounded semi-annually. 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.

Round the answer to two decimal places.

Reference no: EM13731492

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