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A wise mechanical engineering graduate began saving money for early retirement by depositing $1350per month into a fixed rate account that pays 6% per year
A wise mechanical engineering graduate began saving money for early retirement by depositing $1350per month into a fixed rate account that pays 6% per year compounded semiannually. If she started saving 1 month after she started working, what is the expected value of the account at the end of 28years?
The expected value of the account at the end of 28 years is $___________
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