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OpenStudy (anonymous):
how much money will there be in an account at the end of 4 years if $4000 is deposited at 4%interest compounded semi annually? (assume no withdraws are made) the amount after for years would be?
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OpenStudy (anonymous):
4000*(1 + 0.04/2)^(2*4) = 4000(1.02)^8
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