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Howard plans to make regular savings contributions of $15,683 per semiannual period for 26 years with his first regular savings contribution one semiannual period from
Howard plans to make regular savings contributions of $15,683 per semiannual period for 26 years with his first regular savings contribution one semiannual period from today. Suppose he also plans to make a one-time contribution of $18,566 in 10 years from today. How much would Howard expect to have in his account 26 years from today if he earns 9.49% on his savings?
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