For the following exercises, use the compound interest formula, An account is opened with an initial deposit
Question:
For the following exercises, use the compound interest formula, 
An account is opened with an initial deposit of $6,500 and earns 3.6% interest compounded semi-annually. What will the account be worth in 20 years?
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Youll use the formula A P1rnnt where P 6500 is the amount de...View the full answer
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