Mathematics, 06.05.2021 19:50, zakwanasim123

Megan has $20.000 to invest for 5 years and she found an interest
rate of 5% How much
money will she have at the end of
5 years if the interest rate
compounds monthly? How much
money will she have at the end of
5 years if the interest rate
compounds semi-annually?

Answers: 2

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Megan has $20.000 to invest for 5 years and she found an interest rate of 5% How much money will she have at the end of 5 years if the interest rate compounds monthly? How much money will she have at the end of 5 years if the interest rate compounds semi-annually?

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Megan has $20.000 to invest for 5 years and she found an interest
rate of 5% How much
money will she have at the end of
5 years if the interest rate
compounds monthly? How much
money will she have at the end of
5 years if the interest rate
compounds semi-annually?