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Asked by holly

$6350 is compounded semiannually at 14% for 12 years. What is the total amount in the compound interest account?
9 years ago

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Answered by Scott
a = 6350 [1 + (.14 / 2)]^[12 / (1/2)]
9 years ago
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$6350 is compounded semiannually at 14% for 12 years. What is the total amount in the compound interest account?

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