Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)

$1500/semiannual period for 7 years at 9%/year compounded semiannually

fv = pmt * ((1 + r/n) ^ (n*t) - 1) / (r/n)

fv = 1500 * ((1 + .09/2) ^ (2*7) - 1) / (.09/2) = $28,398.16

Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)

$1500/semiannual period for 7 years at 9%/year compounded semiannually