Mathematics, 21.08.2021 06:20 elijahedgar876

Jubilee decided to invest $900 at the end of every 6 months into an account that pays 2.65% interest compounded semi-annually, for 5 years. a) What is the value of the investment after 5 years?

b) How much interest was earned?

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Jubilee decided to invest $900 at the end of every 6 months into an account that pays 2.65% interest...

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Jubilee decided to invest $900 at the end of every 6 months into an account that pays 2.65% interest compounded semi-annually, for 5 years. a) What is the value of the investment after 5 years? b) How much interest was earned?

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Another question on Mathematics

Jubilee decided to invest $900 at the end of every 6 months into an account that pays 2.65% interest compounded semi-annually, for 5 years. a) What is the value of the investment after 5 years?

b) How much interest was earned?