Question: Semiannual compounding implies that interest is compounded You have deposited $42,000 into an account that will earn an interest rate of 9% compounded semiannually. How

Semiannual compounding implies that interest is compounded You have deposited $42,000 into an account that will earn an interest rate of 9% compounded semiannually. How much will you have in this account at the end of four years? $59,286.43 $38,823.35 $59,728.23 times per year. $47,782.58
 Semiannual compounding implies that interest is compounded You have deposited $42,000
into an account that will earn an interest rate of 9% compounded

Semiannual compounding implies that interest is compounded times per year. You have deposited $42,000 into an account that will earn an interest rate of 9% compounded semiannually. How much will you have in this account at the end of four years? $59,286,43 $38,823,35 $59,728.23 $47,782,58 Semiannual compounding implies that interest is compounded times per year. You have deposited $42,000 into an account that wil earn an interest rote of 9% compounded semiannually. How much will you have in this account at the end of four years? $59,286.43 $38,823.35 $59,728,23 $47,782,58

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