Kevin makes an investment of $ 10,000 in a bank for a period of 5 years. The bank pays an annual...
Kevin makes an investment of $ 10,000 in a bank for a period of 5 years.
The bank pays an annual interest rate of 6%.
How much will he receive at the end of the term if interest is compounded half-yearly.
Round off your answer to the nearest dollar.
12 years ago
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