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You deposit $6500 in a savings account that has a rate of 9%. The interest is compounded semiannually. How much money will you have after fifteen years? Round to the nearest cen…

You deposit $6500 in a savings account that has a rate of 9%. The interest is compounded semiannually. How much money will you have after fifteen years? Round to the nearest cen…
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4 votes
You deposit $6500 in a savings account that has a rate of 9%. The interest is

compounded semiannually. How much money will you have after fifteen years?
Round to the nearest cent.

asked
User Kofi
by
8.5k points

1 Answer

2 votes

Answer:601.85

Explanation:

answered
User Deepakraut
by
7.8k points
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