Sharon and Roger decide to open a dry-cleaning business. They borrowed money from a bank and hired one employee. What is one adv
1 answer:
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Answer: $12477.27
Explanation:
The formula to find the compound amount after t years (compounded semiannually) :-
Given : Principal amount : P = $ 8,000
Rate of interest :
Time : 9 years
Now,
The final amount in the account will be $12477.27