Question: 15. (-/1 Points] DETAILS HARMATHAP12 6.4.054.NVA MY NOTES PRACTICE ANOTHER A couple received a $125,000 inheritance the year they turned 51 and invested it in
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15. (-/1 Points] DETAILS HARMATHAP12 6.4.054.NVA MY NOTES PRACTICE ANOTHER A couple received a $125,000 inheritance the year they turned 51 and invested it in a fund that earns 7.1% compounded semiannually. If this amount is deferred for 11 years (until they retire), how much will it provide at the end of each half year (in dollars) for the next 20 years after they retire? (Round your answer to two decimal places.) $ Show My Work (Optional)
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