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2 years ago

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Scott deposits $5,000 at the end of each year into an account for five years. Assuming 6% interest semiannually, what is the val

ue of his account in five years?
Select one:
a. $67,060
b. $21,873
c. $30,100
d. $28,185.50
e. None of these

1 answer:

vfiekz [6]2 years ago

4 0

I think the answer is d 28185.50 dollars.

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3 years ago

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musickatia [10]

Hey there!

So, what you would do is . . .

$360$ ÷ $4$ . . .

$90$ ÷ $8$ =11.5

$Area=\boxed{\boxed{11.5}}$

Hope this helps.
~Jurgen

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3 years ago