SOLUTION: how much money will you have at the end of one year if interest is compound semi-annually at 10% on a 600.00 deposit

SOLUTION: how much money will you have at the end of one year if interest is compound semi-annually at 10% on a 600.00 deposit

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Question 312865: how much money will you have at the end of one year if interest is compound semi-annually at 10% on a 600.00 deposit
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
600(1+.10/2)^2*1
600(1+.05)^2
600(1.05)^2
600*1.1025=$661.50 ans.

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