If you deposit $5000 into an account paying 8.25% annual interest compounded semiannually, how much in the account at 20 years?

Hailin Tan asked Aug 1, 2022

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Hailin Tan asked Aug 1, 2022

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16 votes

Answer:

You would have saved up to $24,407 at the end of the 20 years

Rifthy answered Aug 7, 2022

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