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Sarah will deposit $1,000 into an account every six months for 15 years. The first deposit will be made six months from today. The account
Sarah will deposit $1,000 into an account every six months for 15 years. The first deposit will be made six months from today. The account will be worth $______ 20 years from today. Assume an interest rate of 14% p.a. compounded semi-annually.
Correct Answer: 185,818.66
Please show me how to come up with this solution and how to input within a financial calculator (BA II Plus).
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