You have just deposited $3,000 in an unusual bank account that pays interest biannually (ance every 2 years). I the 2-year interest rate is 7% (lotal interest over 2 years is 7%, not 7% per year), how...

Extracted text: You have just deposited $3,000 in an unusual bank account that pays interest biannually (ance every 2 years). I the 2-year interest rate is 7% (lotal interest over 2 years is 7%, not 7% per year), how much wil you have in the account aftor 6 years? Aher 6 years, the amount you will have in the account is S (Round to the nearest cent.)