SOLUTION: Rhonda deposits $5,600 in a savings account that pays 2 1/2% interest,compounded semiannually.
A.how much interest does the account earn in the first six months?
B.what is th
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Question 690129: Rhonda deposits $5,600 in a savings account that pays 2 1/2% interest,compounded semiannually.
A.how much interest does the account earn in the first six months?
B.what is the ending balance after six months ?
C. How much interest does the account earn in the second six months?
D.what is the balance after one year ?
E.how much interest does the account earn the first year?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
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