You would like to start a business and have decided to move back into your parents basement as you save up the $50,000 you will need in starter costs. You procure a job that will allow you to contribute $550 into a savings account semi monthly (24 times a year). The account will be compounded at that same interval and will earn an annual interest rate of 3.259%. The instrument only allows you to collect at the end of complete years. How many years will you need to invest your money to have over your goal and how much will you have?