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24-03-2020
Mathematics

contestada

How much would $200
invested at 4% interest
compounded every 6
months be worth after 5
years?

Respuesta :

15-01-2021

Answer:

$4,985,60

Step-by-step explanation:

200÷4%=5,000

12÷5= 2 2/5

2 2/5×6=14 2/5

5,000-14 2/5=4,985.60

$4,985,60

Answer Link

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