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4 years ago

6

Compounded semiannually, Jake deposited $10,000 into an account that yields an interest rate of 3.5%. He makes no other deposits

or withdrawals what is the total amount in the account after 25 years?

1 answer:

faltersainse [42]4 years ago

8 0

10'000( 1 + [3.5% / 2])**25
Should give you the answer

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