Luke deposited $3800 into a savings account that earns 6.50% annually but is compounded 2 times...
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Luke deposited $3800 into a savings account that earns 6.50% annually but is compounded 2 times per year. He plans to leave the funds in the accounts for 5.00 years. However, at the end of 3.00 years, Luke has to withdraw $800 What amount will be in the account at the end of the original 5.00 years Do not use dollar signs or commas in your answer include two decimals in your answer. CHECK ANSWER Luke deposited $3800 into a savings account that earns 6.50% annually but is compounded 2 times per year. He plans to leave the funds in the accounts for 5.00 years. However, at the end of 3.00 years, Luke has to withdraw $800 What amount will be in the account at the end of the original 5.00 years Do not use dollar signs or commas in your answer include two decimals in your answer. CHECK ANSWER
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