Ivan invested $1500 into an annuity that offers an interest rate of 4% compounded semiannually for 6 years. What is the value of Ivan's investment after 6 years?

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asked Oct 14, 2021 151k views

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Ivan invested $1500 into an annuity that offers an interest rate of 4% compounded semiannually for 6 years. What is the value of Ivan's investment after 6 years?

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Hanry asked

by Hanry

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2 Answers

3 votes

Answer:

1,902

Explanation: i dont remember the last time i was wrong

Nathan Paul Simons answered Oct 17, 2021

by Nathan Paul Simons

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1 vote

Answer:$1,902

Explanation:ur welcome:)

Ivan invested $1500 into an annuity that offers an interest rate of 4% compounded-example-1

Djamel answered Oct 21, 2021

by Djamel

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