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You placed $1,369 in a savings account today that earns an annual interest rate of 15.54 percent, compounded semiannually. How much will you have in
You placed $1,369 in a savings account today that earns an annual interest rate of 15.54 percent, compounded semiannually. How much will you have in this account at the end of 8 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places
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Foundations Of Financial Management
Authors: Stanley Block
8th Canadian Edition
0070965447, 9780070965447
