Question: You are going to save money for yourdaughters education. You have decided to place $4,412 every half year at the end of the period into
You are going to save money for yourdaughters education. You have decided to place $4,412 every half year at the end of the period into a saving account earning 9.89 percent per year, compounded semi-annually for the next 10 years. How much money will be in the account at the end of that time period?
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