How much will accumulate at the end of given time period

Reference no: EM131795025

Question: How much will accumulate at the end of 10 years if $700 is deposited in the bank at the end of each six months, with the first deposit 6 months from now. The account earns 9.25% nominal annual interest, compounded every 6 months. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131795025

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