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Asked by Tshepang

Lennon invest 5 600 at an interest rate of 9.5 percent per annum, compounded half yearly. Calculate the value of his investment after 3 years
11 years ago

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Answered by Steve
5600(1+.095/2)^(2*3) = 7397.96
11 years ago
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Lennon invest 5 600 at an interest rate of 9.5 percent per annum, compounded half yearly. Calculate the value of his investment after 3 years

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