brodybrown6357 brodybrown6357
  • 26-04-2018
  • Mathematics
contestada

Compounded semiannually, Jake deposited $10,000 into an account that yields an interest rate of 3.5%. He makes no other deposits or withdrawals what is the total amount in the account after 25 years?

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Cheerios511
Cheerios511 Cheerios511
  • 26-04-2018
10'000( 1 + [3.5% / 2])**25
Should give you the answer
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