Cohixet C.
asked 12/02/22Louis has USD 7,933 invested in an account with a fixed interest rate of 5.76% per annum compounded every 2 months.
How much money will be there after 13 years?
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1 Expert Answer
Yefim S. answered 12/02/22
Tutor
5
(20)
Math Tutor with Experience
FV = 7933(1 + 0.0576/6)6 ·13 = 16714.22
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Mark M.
Second post on interest and priciple. Attempt one before asking for help or ask a specific question.12/02/22