Johana has a savings account at Banco del Mediterrneo for $275,000, with an interest rate of 21%

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Johana has a savings account at Banco del Mediterráneo for $275,000, with an interest rate of 21% annually compounded bimonthly;

The investment was made 3 years ago and he hopes to maintain it for 2 more years.

How much will Johana receive in interest at the end of the period?

Related Book For answer-question

Linear Algebra A Modern Introduction

ISBN: 978-0538735452

3rd edition

Authors: David Poole

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Posted Date: Mar 26, 2024 04:57 AM

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Johana has a savings account at Banco del Mediterrneo for $275,000, with an interest rate of 21%

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Id be glad to help Johana calculate the interest she will earn on her savings account Heres the corr... View the full answer

Linear Algebra A Modern Introduction

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