SOLUTION: An initial deposit of $8050 was made into an account that compounds interest semi-annually. No other deposits were made. At the end of 18 years, the balance in the account had doub

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Question 983713: An initial deposit of $8050 was made into an account that compounds interest semi-annually. No other deposits were made. At the end of 18 years, the balance in the account had doubled. Find the interest rate on this account
Answer by solver91311(24713) About Me  (Show Source):
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John

My calculator said it, I believe it, that settles it