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OpenStudy (anonymous):
Sam Monte deposits $21,500 into Legal Bank which pays 6 percent interest that is compounded semiannually. By using the table in the handbook, what will Sam have in his account at the end of 6 years?
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OpenStudy (anonymous):
well i don't have your table in front of me, but it will be \[21,500\times (1.03)^{12}\]
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