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Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1600/semiannual period for 7 years at 2.5%/year compounded semiannually

Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)

$1600/semiannual period for 7 years at 2.5%/year compounded semiannually

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