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You placed $8,714 in a savings account today that earns an annual interest rate of 6.63 percent, compounded semiannually. How much will you have in

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You placed $8,714 in a savings account today that earns an annual interest rate of 6.63 percent, compounded semiannually. How much will you have in this account at the end of 28 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places. All the work has to be shown

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