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11 February, 21:58

How much money will there be in an account at the end of 9 years if 11000 is deposited at 3% compunded semi-annually? (Assume no withdrawals were made)

The amount after 9 years will be?

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Answers (1)
  1. 11 February, 22:21
    0
    On financial calculator

    -11000 PV

    3 IY

    18 N

    FV = 238,832.03
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