Question 1176319
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Hi
  In General {{{A(t) = P(1+r/n)^(nt)}}}
A = Accumulated Amount
P= principal = 
r= annual rate = .07
n= periods per year = 2
t= years =

 {{{A(5)= 6000(1+.07/2)^(10)}}} = $8463.59

the 6th year: {{{13463.59(1+.07/2)^(2)}}} = 14422.53

Total after 6 years = $22,886.12

Wish You the Best in your Studies.
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