Jimmy invests $500 in an account with a 3% interest rate, making no other deposits or withdrawals. What will Jimmy's account balance be after 10 years if the interest is compounded 2 times each year?
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Home » Mathematics » Jimmy invests $500 in an account with a 3% interest rate, making no other deposits or withdrawals. What will Jimmy's account balance be after 10 years if the interest is compounded 2 times each year?