Liz decides to save money to buy an electric car. She invests $500 every 6 months at 6.8% per annum compounded semi-annually. What total amount of money will she have at the end of the 10th year? $23,895.45 O $13,995.44 $17,900.50 $43,245.99
Liz decides to save money to buy an electric car. She invests $500 every 6 months at 6.8% per annum compounded semi-annually. What total amount of money will she have at the end of the 10th year? $23,895.45 O $13,995.44 $17,900.50 $43,245.99
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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Transcribed Image Text:Liz decides to save money to buy an electric car. She invests $500 every 6 months at 6.8% per
annum compounded semi-annually. What total amount of money will she have at the end of
the 10th year?
O $23,895.45
O $13,995.44
O $17,900.50
O $43,245.99
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