SOLUTION: If i put $1,500 in an hedge fund account that gains 10% interest every 60 days, how much money will be in my fund after 1 year?

SOLUTION: If i put $1,500 in an hedge fund account that gains 10% interest every 60 days, how much money will be in my fund after 1 year?

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Question 740791:

If i put $1,500 in an hedge fund account that gains 10% interest every 60 days, how much money will be in my fund after 1 year?

Answer by checkley79(3341) (Show Source): You can put this solution on YOUR website!
1,500(1+.10)^365/60
1,500(1.1)^6.08333
1,500*1.7857=$2,678.55 ANS.
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