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Suppose that $2000 is invested at a rate of 5.4%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 7 years.

Suppose that $2000 is invested at a rate of 5.4%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 7 years. Do not round any intermediate computations, and round your answer to the nearest cent. X 3

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