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How much money does he have in the account

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Question - A person deposits $900 every two weeks for 9 years in an account that pays 4.5% per annum compounded every two weeks. At the end of the term, he withdraws half of what he collected in the account, spends it and leaves the rest for 15 more years without making any other deposit, so the rate remains annualized without compounding. If he withdraws all the money at the end of that term, how much money does he have in the account at the end of the 15 years?

Reference no: EM133030173

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