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florida1014 florida1014
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3 months ago

Alice Hall made deposits of $300 semiannually to Rey Bank, which pays 8% interest compounded semiannually. After five years Alice made no more deposits. What would be the balance in the account four years from the last deposit?

Note: Round your answer to the nearest cent.)

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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andratandrat
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3 months ago
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florida1014 Author
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3 months ago
Smart ... Thanks!
joyceess
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Yesterday
Thank you, thank you, thank you!
kobbhy
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2 hours ago
Just got PERFECT on my quiz
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