document.write( "Question 1195459: Find the final amount of money in an account if $6,700 is deposited at 5% interest compounded semi-annually and the money is left for 9 years\r
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Algebra.Com's Answer #827947 by ikleyn(52798)\"\" \"About 
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document.write( "Apply the future value formula for the compounded account\r\n" );
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document.write( "    FV = \"6700%2A%281%2B0.05%2F2%29%5E%282%2A9%29\" = \"6700%2A1.025%5E18\" = 10,449.71 dollars.\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar  (and different)  solved problems on compounded interest accounts,  look into the lesson\r
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