Answer
${{\$}} 66,438.85$
Work Step by Step
THEOREM: Amount of an Annuity
Suppose that $P$ is the deposit in dollars made at the end of each payment period
for annuity paying i percent interest per payment period.
The amount $A$ of the annuity after $n$ deposits is$ A=P\displaystyle \frac{(1+i)^{n}-1}{i}$
---
$P=1000$
$n=30$
$i=\displaystyle \frac{0.10}{2}=0.05$
$A=1000\displaystyle \frac{(1+0.05)^{30}-1}{0.05}\approx 66,438.85$
