Posted by
**Anna** on
.

If a savings fund pays interest at a rate of 10% per year compounded semiannually, how much money invested now will amount to $5000 after 1 year?

Please round the answer to the nearest cent.

Sunday

March 26, 2017
Posted by
**Anna** on
.

If a savings fund pays interest at a rate of 10% per year compounded semiannually, how much money invested now will amount to $5000 after 1 year?

Please round the answer to the nearest cent.

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