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10-02-2017
Mathematics

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At 1600 principal earns 7% interest compound semiannually twice per year after 33 years what is the balance in the account

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10-02-2017

A $1,600.00 principle earns 7% interest, compounded semiannually twice per year. After 33 years, what is the balance in the account. My answer is $112,992.00

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