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3 years ago

6

Loretta invested $3,000 into an account that earns 6% compounded semiannually. How many times will Loretta earn interest after k

eeping the
money in the account for 5 years.

1 answer:

tino4ka555 [31]3 years ago

3 0

Answer:

answer:900

Step-by-step explanation:

$3000 \times 6 \times 5 \div 100 = \\ 300 \times 6 \times 5 = \\ 900$

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