BablaKanchan
BablaKanchan BablaKanchan
  • 17-05-2022
  • Mathematics
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Interest is compounded semianually. Find the amount in the account after the given time.

Interest is compounded semianually Find the amount in the account after the given time class=

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beinggreat78
beinggreat78 beinggreat78
  • 17-05-2022

Answer:

5,630.81$

A = 5000(1 + (0.04 × 3)) = 5600

A = $5,630.81

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