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Mathematics
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how much money will be in an account at the end of 5 years if $9,000 is deposited at 6% interest compounded 2 times per year? assume no deposits or withdrawals are made

there will be about $.... in the account at the end of 5 years 

Mar 11th, 2015

$9000 ( (1.03)^10 

= $9000 * 1.3439

=$12095.25

=$12085 to nearest dollar


Mar 11th, 2015

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