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You invest $720 in an account that has an annual interest rate of 6.2%, compounded semianually. How much money will be in the account after 5 years?
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You invest $720 in an account that has an annual interest rate of 6.2%, compounded semianually. How much money will be in the account after 5 years?

User Theadriangreen
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1 Answer

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267.84 multiply $720 by 6.2% then device by 6
User Takako
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