Abc company intends to put 6000 into its savings account


Question - ABC Company intends to put $6,000 into its savings account every six months for the next five years. Assume the savings account earns 12% interest compounded semi-annually.

Calculate the amount that will be in the account at the end of the five years.

Do not use decimals in your answer.

Use the time value of money factors posted in canvas to answer this question.

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