In order to pay for college, the parents of a child invest $30,000 in a bond that pays 9% interest compounded semiannually. How much money will there be in 19 years? Round your answer to the nearest cent. In 19 years the bond will be worth

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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In order to pay for college, the parents of a child invest $30,000 in a bond that pays 9% interest compounded semiannually. How much money will there be in
19 years? Round your answer to the nearest cent.
In 19 years the bond will be worth $
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Transcribed Image Text:In order to pay for college, the parents of a child invest $30,000 in a bond that pays 9% interest compounded semiannually. How much money will there be in 19 years? Round your answer to the nearest cent. In 19 years the bond will be worth $ Save For Later Submit Assigni Check O 2021 McGraw-Hill Education. All Rights Reserved. Terms of Use| Privacy Acc DELL DrScr
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