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10000 is compounded semianually at 12%
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10000 is compounded semianually at 12%

User Kevin Dark
by
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1 Answer

3 votes

A=p(1+i/k)^k*t

A=10000(1+0.12/4)^4*t

A=10000(1.03)^4t

User Carlosfigueira
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