Homework Help: ALGEBRA

Posted by Daniel on Saturday, November 26, 2011 at 11:12pm.

If $450 is invested in an account that earns annual interest of 3.5%, compounded semiannually, what will the account balance be after 15 years? (Round your answer to the nearest cent.)

ALGEBRA - Reiny, Sunday, November 27, 2011 at 9:39am
amount = 450(1.0175)^30
= ...

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