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Karen Gaines invested $13,000 in a money market account with an interest rate of 3.25% compounded Semiannually. Four years later, Karen withdrew the full amount to put toward the down payment on a new house. How much did Karen withdraw from the account?

User AccAscrub
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1 Answer

5 votes

Answer:

$16,380

Explanation:

Karen Gaines invested $13,000 in a money market account with an interest rate of 3.25% compounded-example-1
User Hiren Jungi
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