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Calculate the future value in 7 years of $8,000 received today if your investments pay 5 percent compounded semiannually. (Do not round intermediate calculations. Round

Calculate the future value in 7 years of $8,000 received today if your investments pay 5 percent compounded semiannually. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

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