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Mathematics 12 Online
OpenStudy (anonymous):

After one year, what is the balance of a savings account that earns 10% annually on an initial deposit of $1,500 and is compounded semi-annually?

OpenStudy (anonymous):

these are the choices a. $1,815.00 c. $7,593.75 b. $1,653.75 c. $7,593.75. d. $1,575.00

undeadknight26 (undeadknight26):

hmm is this supposed to be a exponential function?

OpenStudy (anonymous):

yes

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