Find the accumulated amount if AED 6,000 is deposited at 2.5% compounded semi-annually for 5 years. O AED 793.62 O AED 1,500 O AED 7,500 O AED 6,793.62

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Find the accumulated amount if AED 6,000 is deposited at 2.5% compounded semi-annually for 5 years.
O AED 793.62
AED 1,500
AED 7,500
AED 6,793.62
Transcribed Image Text:Find the accumulated amount if AED 6,000 is deposited at 2.5% compounded semi-annually for 5 years. O AED 793.62 AED 1,500 AED 7,500 AED 6,793.62
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