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You put $1,000 into a savings account today that offers a 5% APR with semi-annual compounding (i.e., two times per year). How much money will

You put $1,000 into a savings account today that offers a 5% APR with semi-annual compounding (i.e., two times per year).

How much money will you have in the account after 2 years?

*Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision.

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