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12 November, 11:54

Scott deposits $5,000 at the end of each year into an account for five years. Assuming 6% interest semiannually, what is the value of his account in five years?

Select one:

a. $67,060

b. $21,873

c. $30,100

d. $28,185.50

e. None of these

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Answers (1)
  1. 12 November, 12:24
    0
    I think the answer is d 28185.50 dollars.
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