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17 February, 18:25

You invest $100,000 in an account with an annual interest rate of 4.5%, compounded semiannually. How much money is in the account after 15 years? What is the answer when you round your answer to the nearest whole number?

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  1. 17 February, 19:33
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    A=100,000 * (1+0.045:2) ^ (2*15)

    A=194,939.34
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