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Lionel deposits $7,000 in Victory bank, which pays 4% interest compounded semiannually. How much will Lionel have in his account at the end of 8

Lionel deposits $7,000 in Victory bank, which pays 4% interest compounded semiannually. How much will Lionel have in his account at the end of 8 years?

Show me how to do it mathematically and not with a calculator on excel.

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