Question: Problem 6-16 Calculating Future Values [LOT What is the future value of $2,500 in 18 years assuming an interest rate of 7.8 percent compounded semiannually?

Problem 6-16 Calculating Future Values [LOT What is the future value

Problem 6-16 Calculating Future Values [LOT What is the future value of $2,500 in 18 years assuming an interest rate of 7.8 percent compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value

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