Thursday
April 24, 2014

Homework Help: math

Posted by Anonymous on Thursday, December 22, 2011 at 7:09pm.

Jacob Fonda deposited $25,000 in a savings account at 10%
interest compounded semiannually. At the beginning of
Year 4, Jacob deposits an additional $40,000 at 10% interest
compounded semiannually. At the end of six years, what is the balance of
Jacobís account?

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