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You are going to save money for your sons education. You have decided to place $1,925 every half year at the end of the period
You are going to save money for your sons education. You have decided to place $1,925 every half year at the end of the period into a saving account earning 14.22 percent per year, compounded semi-annually for the next 14 years. How much money will be in the account at the end of that time period?
Round the answer to two decimal places.
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