It is the first day of the year and you plan to make a total of $7$ deposits of $$3,000$

each, one every $6$ months with the first payment being made today. The bank pays a

nominal interest rate of $14\%$ but uses semiannual compounding. How much your

account with the bank be if you leave the money in the bank to be withdrawn all in $9$

years from today?

Round to the nearest $$0\mathrm{.}01$ but do not use the $ sign. DO NOT USE commas to separate

thousands. For example if you obtain $$1,432\mathrm{.}728$ then enter $1433\mathrm{.}73$ ; if you obtain $$432$ then

enter $432\mathrm{.}00$

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