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OpenStudy (anonymous):
Please help? $20,000 is invested in an account that yields 4.3% interest compounded every 6 months. What is the account balance after 3 years?
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Parth (parthkohli):
That means that you compound it \(6\) times because 3 years is 6 half-years.
OpenStudy (anonymous):
ParthKohli is right
OpenStudy (anonymous):
Thanks!
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