Liz decides to save money to buy an electric car. She invests $500 every 6 months at 6.8% per annum compounded semi-annually. What total amount of money will she have at the end of the 10th year? $23,895.45 O $13,995.44 $17,900.50 $43,245.99

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Liz decides to save money to buy an electric car. She invests $500 every 6 months at 6.8% per
annum compounded semi-annually. What total amount of money will she have at the end of
the 10th year?
O $23,895.45
O $13,995.44
O $17,900.50
O $43,245.99
Transcribed Image Text:Liz decides to save money to buy an electric car. She invests $500 every 6 months at 6.8% per annum compounded semi-annually. What total amount of money will she have at the end of the 10th year? O $23,895.45 O $13,995.44 O $17,900.50 O $43,245.99
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