Lee Holmes deposited $15,300 in a new savings account at 8% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,300 at 8% interest compounded semiannually. At...


Lee Holmes deposited $15,300 in a new savings account at 8% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,300 at 8% interest compounded semiannually.


At the end of 6 years, what is the balance in Lee’s account? (Use the Table provided.)(Do not round intermediate calculations. Round your answer to the nearest cent.)



Jun 09, 2022
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