zoestout247 zoestout247

21-09-2021
Mathematics

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Pierre deposits $8,000 in a certificate of deposit that pays 8% interest, compounded semiannually. How much interest does the account earn in the first six months? What is the balance after six months? two answers and show work and write the answers out

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echristian6 echristian6

21-09-2021

$640 in interest after 6 months
$8,640 is the balance after six months

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