SOLUTION: What is the compound amount and compound interest of $36,000 invested at 12% compounded semiannually for 7 years?
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Question 930929
:
What is the compound amount and compound interest of $36,000 invested at 12% compounded semiannually for 7 years?
Answer by
jamiya(9)
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COMPOUND AMOUNT
$36,000.00
COMPOUND INTEREST
$45,392.54
===============TOTAL $81,392.54