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11-12-2022
Mathematics

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Jim invests $5,000 in an account that pays 2.5% annual interest, compounded semi-annually. What is his balance, to the nearest cent, at the end of 5 years?

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Jim invests $5,000 in an account that pays 2.5% annual interest, compounded semi-annually. What is his balance, to the nearest cent, at the end of 5 years?

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