Claude made semi-annual deposits of $3100 at the beginning of a six-month period into a fund earning

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Claude made semi-annual deposits of $3100 at the beginning of a six-month period into a fund earning 6.8% compounded semi-annually for nine years. No further deposits were made.
(a) How much will be in the account 15 years after the first deposit?
(b) How much in total was deposited?
(c) How much interest will have been earned?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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