SOLUTION: how much should jonathan invest now at 2% compounded semiannually if he needs to have $18,000 in ten years?
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Question 883009: how much should jonathan invest now at 2% compounded semiannually if he needs to have $18,000 in ten years?
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
which corresponds to this for the 20 separate compounding periods: .
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