$3000 is invest yearly at 9%pa which is paid each half year, for 18yrs. Find the amount of the investment after 18yrs
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Hello, nerdzor! $3000 is invested yearly at 9% pa which is paid each half-year.
Find amount of the investment after 18 years. This is an annuity.
Formula: . . . where: .
We have: .
The investment will be worth
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