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Math Help - exponential functions

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    exponential functions

    Find the amount accumulated on $500 invested at 8.5% for 3 years compounded semiannually.
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    Quote Originally Posted by bearej50 View Post
    find the amount accumulated on $500 invested at 8.5% for 3 years compounded semiannually.
    500[(1 + .085/2)^6]
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