How much money will there be in an account at the end of 10 years if $12,000 is deposited at 7% interest compounded

Question

How much money will there be in an account at the end of 10 years if $12,000 is deposited at 7% interest compounded semi-annually? (Assume no withdrawals are made.) The amount after 10 years will be $

21,560.32
23,877.47
29,567.32
23.546.67

Kunduz · Accepted Answer

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