Roger Smith opened a new savings account. He deposited $35,000 at 6% compounded semiannually. At the start of the fourth year, Roger deposits an additional $40,000 that is also compounded semiannually...

Roger Smith opened a new savings account. He<br>deposited $35,000 at 6% compounded semiannually. At<br>the start of the fourth year, Roger deposits an additional<br>$40,000 that is also compounded semiannually at 6%<br>At the end of 6 years, what is the balance in Roger<br>Smith's account?<br>

Extracted text: Roger Smith opened a new savings account. He deposited $35,000 at 6% compounded semiannually. At the start of the fourth year, Roger deposits an additional $40,000 that is also compounded semiannually at 6% At the end of 6 years, what is the balance in Roger Smith's account?

Jun 03, 2022

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Roger Smith opened a new savings account. He deposited $35,000 at 6% compounded semiannually. At the start of the fourth year, Roger deposits an additional $40,000 that is also compounded semiannually...

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