SOLUTION: Find the final amount if $750 is invested at 5% interest compounded semiannually for 20 years.
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Question 807922
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Find the final amount if $750 is invested at 5% interest compounded semiannually for 20 years.
Answer by
rfer(16322)
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FV=750(1.025)^2*20
FV=750(2.685)
FV=$2013.80