If $8000 is deposited at the end of each half year in an account that earns 6.4%
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Question:
If $8000 is deposited at the end of each half year in an account that earns 6.4% compounded semiannually, after how many half years will the account contain $110,000? (Round your answer UP to the nearest half year.)
Related Book For
Advanced Accounting
ISBN: 9781260247824
14th Edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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