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OpenStudy (anonymous):
An initial deposit of $1,500 earns 9% interest, compounded twice a year. How much will be in the account in one year? (Round your answer to the nearest cent.)
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OpenStudy (amistre64):
An initial deposit of $1,500 earns 9% interest, compounded twice a year. How much will be in the account in one year? A = 1500(1+.09/2)^2
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