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Asked by grace leung

If the compound interest on $1000 for two years at 9% p. a. , payable half-yearly is $x, find x.
9 years ago

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Answered by Steve
1000(1+.09/2)^(2*2) - 1000
9 years ago
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If the compound interest on $1000 for two years at 9% p. a. , payable half-yearly is $x, find x.

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