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21 November, 04:58

Kathleen deposits $20 into her account that earns 2.5% interest that is compounded twice a year. how much will she have in her account in 30 years?

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  1. 21 November, 05:54
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    A=p (1+I/k) ^kn

    A=20 * (1+0.025:2) ^ (2*30)

    A=42.14
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