Business, 23.04.2021 06:10, wayneh24

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Michael Arthur deposited $2,500 in a new regular savings account that earns 5% Interest compounded semiannually. He made no other deposits or withdrawals.
a) What was the amount in the account at the end of 1 year?
b) What is the compound Interest?

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Question 5725 NEXT
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Michael Arthur deposited $2,500 in a new regular s...