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McKinnon's Machinery sets aside $ 5 4 0 0 . 0 0 at the beginning of every six months in a fund to replace equipment.
McKinnon's Machinery sets aside $ at the beginning of every six months in a fund to replace equipment. If interest is compounded annually, how much will be in the fund after years?
The fund will be worth $
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
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