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John made periodic deposits of $300 to Floor Bank, which pays 8% interest compounded semiannually. After 5 years, John makes no more deposits. What will
John made periodic deposits of $300 to Floor Bank, which pays 8% interest compounded semiannually. After 5 years, John makes no more deposits. What will be the balance in the account 6 years after the last deposit?John made periodic deposits of $300 to Floor Bank, which pays 8% interest compounded semiannually. After 5 years, John makes no more deposits. What will be the balance in the account 6 years after the last deposit?
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