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Mejia Riley

03/29/2023 · Senior High School

To start a new business Beth deposits \( \$ 1000 \) at the end of each six-month period in an account that pays \( 8 \% \) , compounded semiannually. How much will she have at the end of \( 9 \) years?

 

At the end of \( 9 \) years, Beth will have approximately \( \$ \square \) . 

(Do not round until the final answer. Then round to the nearest hundredth as needed.) 

Answer
expertExpert-Verified Answer

Erickson Perkins
Competent Tutor
5.0 (32votes)

At the end of 9 years, Beth will have approximately \(\$ 25645.41\) 

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