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How much money in account at the end of that time period

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Problem 1: You are going to save money for your son's education. You have decided to place $2,624 every half year at the end of the period into a saving account earning 6.96 percent per year, compounded semi-annually for the next 12 years. How much money will be in the account at the end of that time period?

Reference no: EM132985763

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