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Determining the savings account earning

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You are going to save money for your son's education. You have decided to place $2,560 every half year at the end of the period into a savings account earning 13.54 percent per year, compounded semi-annually for the next 15 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: EM131388379

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Determining the savings account earning : You are going to save money for your son's education. You have decided to place $2,560 every half year at the end of the period into a savings account earning 13.54 percent per year, compounded semi-annually for the next 15 years. How much money w..
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