Business, 26.03.2020 22:25 xxmattieboo7xx

Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000 at 9% interest compounded semiannually. At the end of 6 years, what is the balance in Lee’s account?

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Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the...

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