Rev 13: How long will it take to build up a fund of $10 000$10 000 by saving $300$300 at the beginning of every 6 months at 4.5% compounded semi-annually?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 22T
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Rev 13: How long will it take to build up a fund of $10 000$10 000 by saving $300$300 at the
beginning of every 6 months at 4.5% compounded semi-annually?
Transcribed Image Text:Rev 13: How long will it take to build up a fund of $10 000$10 000 by saving $300$300 at the beginning of every 6 months at 4.5% compounded semi-annually?
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