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What is the future value of $1,600 in 18 years assuming an interest rate of 6.9 percent compounded semiannually? (Do not round intermediate calculations and

What is the future value of $1,600 in 18 years assuming an interest rate of 6.9 percent compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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