Question: Please help me solve this. I will leave a thumbs up!! How much money will Penny Pincher have after 40 years if she invests $500
How much money will Penny Pincher have after 40 years if she invests $500 at the beginning of each month and is able to earn a rate of return of 9 percent compounded semi-annually on her investments? (FV) Penny Pincher will have sin her account after 40 years. (Use the TI BA II Plus financial calculator and enter your answer rounded to two decimal places.)
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