Mathematics, 28.08.2021 21:50 farthingjustice
A principal of $5500 is invested in an account paying an annual rate of 6%. Find the amount in the account after 5 years if the account is compounded semiannually,
quarterly, and monthly
sts
(a) The amount in the account after 5 years if the account is compounded semiannually is $
(Round to the nearest cent.)
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