You placed $5,126 in a savings account today that earns an annual interest rate of...
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Accounting
You placed $5,126 in a savings account today that earns an annual interest rate of 13.11 percent, compounded semiannually. How much will you have in this account at the end of 23 years? Assume that all interest received at the end of the period is reinvested the next period.
Round the answer to two decimal places.
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