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alll 97% 4:09 AM You choose to invest your $3,210 income tax refund check (rather than spend it!) in an account earning 6% compounded semiannually.
alll 97% 4:09 AM You choose to invest your $3,210 income tax refund check (rather than spend it!) in an account earning 6% compounded semiannually. How much will the account be worth in 4 years? (Use the Table provided.) (Round your answer to the nearest cent.) Worth References eBook & Resources Worksheet Difficulty: 2 Medium Learning Objective: 12-01 (3) Explain and compute the effective rate (APY) Word Problem 12-21 [LU 12-1 (2, 3)] Learning Objective: 12-01 (2) Calculate the compound amount and interest manually and by table lookup. Check my work
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