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Find the balance in an account that has $700 invested at 5.5% for 4 years compounded semi-annually.  A. $867.18 B.$1074.28 C. $869.67 D. $15,400.00

 Nov 5, 2015
edited by Guest  Nov 5, 2015
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700(1 + .055/2)^(4 *2)   = $869.67

 

 

 

cool cool cool

 Nov 5, 2015

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