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You placed $7,586 in a savings account today that earns an annual interest rate of 7.34 percent, compounded semiannually. How much will you have in

You placed $7,586 in a savings account today that earns an annual interest rate of 7.34 percent, compounded semiannually.  



How much will you have in this account at the end of 29 years? 


Assume sll interest received at the end of the period is reinvested the next period?

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