If $250 is invested at an interest rate of 12% per year, compounded biannually, how much will the investment be worth at the end
of eight years? Round
your final answer to the nearest hundredths place.
Formula: A = P(1+")nt
n
1 answer:
Answer:
2563
Step-by-step explanation:
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Step-by-step explanation:
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divide by 207
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Step-by-step explanation:
There is a 25% decrease because the decrease is 30, which is 25% of 120.
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