Question on investment, future value

You placed $1,294 in a savings account today that earns an annual interest rate of 5.91 percent, compounded semiannually. How much will you have in this account at the end of 39 years? Assume that all interest received at the end of the period is reinvested the next period.

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.