Suppose that $2000 is invested at a rate of 3.3%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 9 yea Do not round any intermediate computations, and round your answer to the nearest cent. $0 X S

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
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Suppose that $2000 is invested at a rate of 3.3%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 9 years.
Do not round any intermediate computations, and round your answer to the nearest cent.
$0
S
Transcribed Image Text:Suppose that $2000 is invested at a rate of 3.3%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 9 years. Do not round any intermediate computations, and round your answer to the nearest cent. $0 S
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