SOLUTION: If $450 is invested in an account that earns annual interest of 6.5%, compounded semiannually, what will the account balance be after 12 years? (Round your answer to the nearest ce
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Question 689306: If $450 is invested in an account that earns annual interest of 6.5%, compounded semiannually, what will the account balance be after 12 years? (Round your answer to the nearest cent.)
Find the amount of compound interest earned in an account that opens with $24,000, earns 4.4% interest compounded daily, and is held for 25 years. Assume 360 days in a year. (Round your answer to the nearest cent.) Answer by lynnlo(4176) (Show Source):
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