7. Suppose that in 1880, one of your ancestors invested $46 compounded semi-annually at 6.5%. If this money were left to you, how much would you have had at the end of 1997? Round to the nearest dollar. [show all work]

7. Suppose that in 1880, one of your ancestors invested $46 compounded semi-annually at 6.5%. If this money were left to you, how much would you have had at the end of 1997? Round to the nearest dollar. [show all work]

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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7. Suppose that in 1880, one of your ancestors invested $46 compounded semi-annually at 6.5%. If this
money were left to you, how much would you have had at the end of 1997? Round to the nearest dollar.
[show all work]

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