17. To save for graduate school, a student invests $2260 semiannually in an ordinary annuity with 3% interest compound semiannually. Determine the accumulated amount in the student annuity after 20...

17. To save for graduate school, a student invests $2260 semiannually in an ordinary annuity with 3% interest compound semiannually. Determine the accumulated amount in the student annuity after 20 years.

Extracted text: To save for graduate school, a student invests $2260 semiannually in an ordinary annuity with 3% interest compounded semi The accumulated amount will be $. (Round to the nearest cent as needed.)