Karen Gaines invested $12,000 in a money market account with an interest rate of 1.25% compounded semiannually. Five years later, Karen withdrew the full amount to put toward the down payment on a new...


Karen Gaines invested $12,000 in a money market account with an interest rate of 1.25% compounded semiannually. Five years later, Karen withdrew<br>the full amount to put toward the down payment on a new house. How much did Karen withdraw from the account?<br>....<br>Karen withdrew $<br>(Round to the nearest cent as needed.)<br>

Extracted text: Karen Gaines invested $12,000 in a money market account with an interest rate of 1.25% compounded semiannually. Five years later, Karen withdrew the full amount to put toward the down payment on a new house. How much did Karen withdraw from the account? .... Karen withdrew $ (Round to the nearest cent as needed.)

Jun 06, 2022
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