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ANSWER ASAP Bi-monthly deposits of 16,000 are made to accumulate a fund at the end of 8 years. Round off final answers for ieff to

ANSWER ASAP

Bi-monthly deposits of 16,000 are made to accumulate a fund at the end of 8 years. Round off final answers for ieff to 4 decimal places and final answers for future fund value F to two decimal figures.

What would be the value of the fund after the last deposit if the nominal interest rate is 14.4% compounded bi-annually?

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