Question
Amanda invests $500 into an account with a 2.5% interest rate that is compounded semiannually. How much money will she have in this account
Amanda invests $500 into an account with a 2.5% interest rate that is compounded semiannually. How much money will she have in this account if she keeps it for 10 years? Round your answer to the nearest dollar. Provide your answer below:
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Cornerstones Of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
9781305147102, 1285751787, 1305147103, 978-1285751788
