Question: Cathy Lumbattis inherited 140 000 from an aunt Required If Cathy

Cathy Lumbattis inherited $ 140,000 from an aunt.
Required:
If Cathy decides not to spend her inheritance but to leave the money in her savings account until she retires in 15 years, how much money will she have, assuming an annual interest rate of 8 percent, compounded semiannually?


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  • CreatedSeptember 22, 2015
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5000