mabelc3452 mabelc3452

12-01-2024
Mathematics

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$800 is invested in an account paying 13.5% compounded semiannually. How much will the account be worth after 7 years? Round to the nearest cent. Use the compound interest formula A = P(1 + r/n)ⁿᵗ
A) $1996.37
B) $1263.76
C) $756.00
D) $911.65

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