A credit union client deposits $3,500 in an account earning 8% interest, compounded semiannually. What will the bala of the account be at the end of 34 years? Enter the answer in dollars and cents, and round to the nearest cent, if needed. Balance = $
A credit union client deposits $3,500 in an account earning 8% interest, compounded semiannually. What will the bala of the account be at the end of 34 years? Enter the answer in dollars and cents, and round to the nearest cent, if needed. Balance = $
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Transcribed Image Text:A credit union client deposits $3,500 in an account earning 8% interest, compounded semiannually. What will the balance
of the account be at the end of 34 years?
Enter the answer in dollars and cents, and round to the nearest cent, if needed.
Balance $
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