Mathematics, 05.05.2020 07:44, jaymariepope3334

TUUL 112 CUMPUL
Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.
$3,000 deposit at an APR of 5% with semiannual compounding for 10 years
O A. $4,915.849
O B. $3,001.5
O C. $4,886.684
O D. $3,840.254

Answers: 2

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TUUL 112 CUMPUL Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. $3,000 deposit at an APR of 5% with semiannual compounding for 10 years O A. $4,915.849 O B. $3,001.5 O C. $4,886.684 O D. $3,840.254

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TUUL 112 CUMPUL
Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.
$3,000 deposit at an APR of 5% with semiannual compounding for 10 years
O A. $4,915.849
O B. $3,001.5
O C. $4,886.684
O D. $3,840.254