If $6000 is deposited at the end of each half year in an account that earns 6.8% compounded semiannually, after how many half years will the account contain $150,000? (Round your answer UP to the nearest half year.)   _____half years

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 53E: Interest Ron Hampton needs to choose between two investments: One pays 6% compounded annually, and...
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If $6000 is deposited at the end of each half year in an account that earns 6.8% compounded semiannually, after how many half years will the account contain $150,000? (Round your answer UP to the nearest half year.)

 

_____half years

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