Chau deposited $4000 into an account with 4.3% interest, compounded semiannually. Assuming that no withdrawals are made, how muc
h will he have in the account after 4 years
1 answer:
Answer:
$ 4,688.00
Step-by-step explanation:
I = 4000 × 0.043 × 4 = 688
I = $ 688.00
$ 688.00 + $ 4,000.00 = $ 4,688.00
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