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10 November, 23:12

Rachel deposited $200 into an account that earns 6% interest compounded twice a year for 10 years

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  1. 10 November, 23:15
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    You need to multiply 200 by. 06 (6%) and get 12. Because interest is getting money, you add it to the 200, so then you get 212. Now because the do it again you have to do the same process but use the number 212 instead and you should get $224.72.
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