gshahaj99000 gshahaj99000
  • 03-02-2021
  • Mathematics
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Victor opens a savings account with $750. The account pays 6% interest, compounded every six months. If he makes no other deposits or withdrawals, how much will Victor have in his account after 18 months?

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bonniebaptist
bonniebaptist bonniebaptist
  • 03-02-2021
You would do 750 divided by 6% and that equals 125. So victor would deposit $125 after 18 months
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