Victor opens a savings account with $750. The account pays 6% interest, compounded every six months. If he makes no other deposits or withdrawals, how much will Victor have in his account after 18 months?

asked Jan 26, 2022 212k views

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14 votes

You would do 750 divided by 6% and that equals 125. So victor would deposit $125 after 18 months

Bigless answered Feb 2, 2022

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