SOLUTION: $7,300 at 7% compounded semiannually for 3 years

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Question 856510:


$7,300 at 7% compounded semiannually for 3 years
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
7,300(1+.07/2)^3*2
7,300(1+.035)^6
7,300(1.035)^6
3,700*1.229=$8,971,70 ans.