Lee Holmes deposited $17,300 in a new savings account at 12% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $42,300 at 12% interest compounded semiannually....


Lee Holmes deposited $17,300 in a new savings account at 12% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $42,300 at 12% interest compounded semiannually.



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




I keep doing exactly what i am supposed to and it keeps telling me I am wrong. The answer I have gotten is 94,812.61



Jun 05, 2022
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