You placed 3722 in a savings account today that earns an, Financial Management

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You placed 3722 in a savings account today that earns an

You placed $3722 in a savings account today that earns an annual interest rate of 19.72 percent compounded semi annually. How much will you have in this account at the end of five 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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Financial Management: You placed 3722 in a savings account today that earns an

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