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Question 17 A bank gives its customers an interest rate of 10% that it compounds half yearly.

Question 17

A bank gives its customers an interest rate of 10% that it compounds half yearly. What is the amount of money they will have in the account if they deposit $ 10,000 and let it stay in the account for three years?

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The amount of money they will have in the account if... View the full answer

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$13400.96 will be in... View the full answer

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