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7 January, 14:34

If a client invests 4000 and the interest rate was calculated semi-annually, then write a function that could be used to determine the amount of money in the account over time

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  1. 7 January, 14:58
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    A = 4000 (1 + r/2) ^ (2t)

    A = amount in the account after over time.

    r = rate changed to decimal

    t = time in years
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