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OpenStudy (anonymous):
Tony Ring wants to attend Northeast College. If he deposits $44,943.64 today, how much will he have 5 years from now at 6% interest compounded semiannually? Use the compound value.
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OpenStudy (anonymous):
OpenStudy (anonymous):
B = $44,943.64 * ( 1 + .06/2) ^5*2 = $60,391.1 =
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