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BigFella9503 BigFella9503
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Merle Fonda opened a new savings account. She deposited $40,000 at 10% compounded semiannually. At the start of the fourth year, Merle deposits an additional $20,000 that is also compounded semiannually at 10%. At the end of six years, the balance in Merle's account is



$73,604.15



$53,604.12



$93,600.16



$98,636.17

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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realistpnoyrealistpnoy
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BigFella9503 Author
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Thanks for your help!!
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This helped my grade so much Perfect
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Thank you, thank you, thank you!
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