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jugganuts jugganuts
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3 months ago

Alice Kate puts $2,500 in a bank at the end of every six months. The bank pays 12% compounded semiannually. Assuming Alice does this for four years, what is the total interest she will receive?

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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michaelfidanzamichaelfidanza
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jugganuts Author
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