Solomon has accumulated $12,500 in his savings account. In addition, he plans to deposit $500 at the
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Solomon has accumulated $12,500 in his savings account. In addition, he plans to deposit $500 at the beginning of every six months into the account for three years. If the account earns 3.9% compounded semi-annually, what will be the balance after three years?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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