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You deposit $8.4 thousand at the end of every six months for the next 7 years into an IRA account that earns 7.6% annually (compounded
You deposit $8.4 thousand at the end of every six months for the next 7 years into an IRA account that earns 7.6% annually (compounded semiannually). How much will you have on the account after making the last deposit? Express the answer in $ thousands, round to the nearest $0.1 thousand. E.g., if your answer is $42,576, record it as 42.6. Please show work.
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