The pianist Alfredo Cerdn wants to buy a house within 4 years and decides to save his

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Question:

The pianist Alfredo Cerdán wants to buy a house within 4 years and decides to save his money in an investment fund by making 24 bimonthly advance deposits of $22,850. The interest provided by this fund is 13% per year, compounded bimonthly. How much money will pianist Alfredo Cerdán have in 4 years?