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Interest is compounded semianually. Find the amount in the account after the given time.
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Interest is compounded semianually. Find the amount in the account after the given time.
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Apr 26, 2023
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Interest is compounded semianually. Find the amount in the account after the given time.
Mathematics
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Peter Nixey
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Answer:
5,630.81$
A = 5000(1 + (0.04 × 3)) = 5600
A = $5,630.81
Zetta
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May 2, 2023
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Zetta
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