Business, 24.02.2020 21:27 Hellokittyjam35

Suppose you put $100 into a savings account today, the account pays a nominal annual interest rate of 6%, compounded semiannually, and you withdraw $100 after 6 months. What would your ending balance be 20 years after the initial $100 deposit was made? a. $ 62.91 b. $ 9.50 c. $115.35 d. $ 3.00 e. $226.20

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