Question: please solve using a BAPii plus calculator 16. You just deposited $5,000 in a bank account that pays a 12% nominal interest rate, compounded every
please solve using a BAPii plus calculator
16. You just deposited $5,000 in a bank account that pays a 12% nominal interest rate, compounded every 6 months. If you add another $10,000 to the account one year from now, how much will be in the account two years from now? A. 18,816 B. 16,800 C. 18,937 D. 17,548 E. 17,472
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