To start a new business Beth deposits $2000 at the end of each six-month period in an account that pays 6%, compounded semiannually. How much will she have at the end of 6 years? At the end of 6 years, Beth will have approximately $ (Do not round until the final answer. Then round to the nearest hundredth as needed.)
To start a new business Beth deposits $2000 at the end of each six-month period in an account that pays 6%, compounded semiannually. How much will she have at the end of 6 years? At the end of 6 years, Beth will have approximately $ (Do not round until the final answer. Then round to the nearest hundredth as needed.)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:To start a new business Beth deposits $2000 at the end of each six-month period in an account that pays 6%, compounded semiannually. How much will she have at the end of 6 years?
At the end of 6 years, Beth will have approximately $
(Do not round until the final answer. Then round to the nearest hundredth as needed.)
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