You placed $5,338 in a savings account today that earns an annual
You placed $5,338 in a savings account today that earns an annual
interest rate of 9.44 percent, compounded semiannually. How much will you have in this account at the end of 10 years? Assume that all interest received at the end of the period is reinvested the next period.
Round the answer to two decimal places.