Question: Use Table 11-1 to calculate the compound amount (in $) on an investment of $5,500 at 8% interest, compounded semiannually, for 18 years. (Round your

Use Table 11-1 to calculate the compound amount (in $) on an investment of $5,500 at 8% interest, compounded semiannually, for 18 years. (Round your answer to the nearest cent.)

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