If $4000 is deposited at the end of each half year in an account that earns 6.2%

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If $4000 is deposited at the end of each half year in an account that earns 6.2% compounded semiannually, how long will it be before the account contains $120,000?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:35 AM

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If $4000 is deposited at the end of each half year in an account that earns 6.2%

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S 120000 R 4000 i 0062 ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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