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Mark is saving for his retirement in 25 years. For the first 12 years, he makes deposits of $2,800 at the end of every six

Mark is saving for his retirement in 25 years. For the first 12 years, he makes deposits of $2,800 at the end of every six months into an account paying 8.48% compounded semi-annually. For the next 13 years, he makes no additional contributions or withdrawals. If the account continues to earn 8.48% compounded semi-annually, how much will he have when he retires?

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