Question
Lee Holmes deposited $16,000 in a new savings account at 7% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,000
Lee Holmes deposited $16,000 in a new savings account at 7% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,000 at 7% interest compounded semiannually.
At the end of 6 years, what is the balance in Lees account? (Use the Table provided.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
Balance
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Deadly Audit A Buckeye Barrister Mystery
Authors: David M Selcer
1st Edition
0988194368, 978-0988194366
