SOLUTION: 6600 is compounded semiannually at a rate of 60% for 18 years?

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Question 729280: 6600 is compounded semiannually at a rate of 60% for 18 years?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
6600 is compounded semiannually at a rate of 60% for 18 years?
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A(18) = 6600(1+(0.60/2))^(2*18)
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A(18) = $83,465,842.45
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cheers,
Stan H.
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