Raymond B. answered • 04/23/23
Tutor
5
(2)
Math, microeconomics or criminal justice
1200(1+.02/2)^2(5
=1200(1.01)^10
=about $1325.55
Lena M.
asked • 12/05/22Investing $12,000 in a savings account at 2% annual interest compounded semiannually will result in approximately how much money after 5 years?
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