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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

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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