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blagie [28]
3 years ago
14

Investing $10,000 in a saving account at 5% annual interest compounded semiannually will result in approximately how much money

after 10 years? Use the formula: A=P(1+r/m )^mt
Mathematics
1 answer:
zmey [24]3 years ago
4 0

Answer:

156250

Step-by-step explanation:

10000(1+.5/2 )^2*10=156250

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