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You deposit $400 Into a bank account. The account pays 2.75% annual interest compounded semi-annually. Find the balance after 5 years
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You deposit $400 Into a bank account. The account pays 2.75% annual interest compounded semi-annually. Find the balance after 5 years

User Starball
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1 Answer

5 votes

Answer:

$452.56

Explanation:

400 * 1.025^(5)

User Pooran
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