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Matt plans to start his own business once he graduates from college. He plans to save $1,400 every six months for the next five years.

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Matt plans to start his own business once he graduates from college. He plans to save $1,400 every six months for the next five years. f his savings earn 10% annually (or 5% every six months), determine how much he will save by the end of the fifth year. PV of and (Use tables, Excel, or a financial calculator. Round your answer to 2 decimal places.)

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