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Compound Interest - Periodic Compounding

The wording threw me.

Essentially what this means is that you receive a 3.2% compound after the first 6 months, then a 3.2% compound after the next 6 months.

The starting amount is

This is compounded by after months:

...Then it's compounded again after another months:

So after one year, you have

And after T years:

I think they've missed out a decimal place in their answer, otherwise I have the same result.