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To save for graduate school, a student invests $2400 semiannually in an ordinary annuity with...

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Basic Math

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To save for graduate school, a student invests $2400 semiannually in an ordinary annuity with 6% interest compounded semiannually. Determine the accumulatedamount in the student's annuity after 30 years.The accumulated amount will be $(Round to the nearest cent as needed.)

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