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riversjl riversjl
wrote...
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8 years ago
invested 2,650 in a bond that pays 18% interest componded semiannually, how much money will there be in 5 years?
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wrote...
Educator
8 years ago
I believe you have to use the formula: A(t) = P(1+(r/n))^(nt)

Please let me know if you need any assistance with that!
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