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2 years ago

8

Pierre deposits $8,000 in a certificate of deposit that pays 8% interest, compounded semiannually. How much interest does the ac

count earn in the first six months? What is the balance after six months? two answers and show work and write the answers out

1 answer:

jok3333 [9.3K]2 years ago

6 0

$640 in interest after 6 months
$8,640 is the balance after six months

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