Question
Howard plans to make regular savings contributions of $521 at the end of each semiannual period. He will make his first regular savings contribution one
Howard plans to make regular savings contributions of $521 at the end of each semiannual period. He will make his first regular savings contribution one semiannual period from today. Howard expects to earn 2.87% per year on his investments. How much money would Howard expect to have in his account 9 years from today (after making his last deposit)? Answer
Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals. Enter numerical answers as a positive number rounded to 2 decimal places (###.##)
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