Question: Your client has systematically invested $1000 at the end of each half-year for the past 17 years. The invested funds have earned 6.4% compounded semiannually.

Your client has systematically invested $1000 at the end of each half-year for the past 17 years. The invested funds have earned 6.4% compounded semiannually. What is the value of your client’s investments today?

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