Question:

If a savings account of $8300 is compounded semi-annually at

Last updated: 7/12/2022

If a savings account of $8300 is compounded semi-annually at

If a savings account of $8300 is compounded semi-annually at 12.49 % annual interest, how much will the account be worth in 52 months? Round your answer to the nearest cent, if necessary. Note: 365 days in a year and 30 days in a month.