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Jim moore opens a new savings account

01 / 10 / 2021 Projects

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Jim moore opens a new savings account

Jim moore opens a new savings account. He deposits $12,000 at the 12% compounded semiannually. At the start of the fourth year, jim deposits an additional $50,000 that is also compounded semiannually at 12%. At the end of six years, the balance in jim moore’s account is (use the tables in the handbook)



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