Question: Use the IVM solver for compounding more than once a year to determine the accumulated balance after the stated period 16 000 deposit at an

Use the IVM solver for compounding more than once a year

Use the IVM solver for compounding more than once a year to determine the accumulated balance after the stated period 16 000 deposit at an APR of 4 with semiannual compounding for 12 years Round your answer to the nearest dollar

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