You currently have $6,600 in an account that has an interest rate of 6.5% per year compounded semi- annually. You want to

Question

You currently have $6,600 in an account that has an interest rate of 6.5% per year compounded semi- annually. You want to withdraw all your money when it reaches $11,220. In how many years will you be able to withdraw all your money?

Kunduz · Accepted Answer

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