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Posted on Jul 10, 2024

Sam Nelson invested $29,000 at Satin Mutual Funds Inc. for a period of 13 years at an interest rate of 3% each year, compounded semiannually.

Sam Nelson invested $29,000 at Satin Mutual Funds Inc. for a period of 13 years at an interest rate of 3% each year, compounded semiannually. Using the compound interest table, calculate the total value of the investment at the end of the 13-year period. Round your final answer to the nearest cent

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