Raymond B. answered • 05/10/23
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5
(2)
Math, microeconomics or criminal justice
8000=P(1+.05/2)^2(4)
P= 8000/(1.025)^8
=$6565.97
Kendra T.
asked • 05/10/23How much money should be deposited today in an account that earns 5% compounded semiannually so that it will accumulate to $8000 in four years
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