What is the maturity value of a 9-year term deposit of $7411.28 at 2.3% compounded semi-annually? How much interest did
Posted: Wed Jul 06, 2022 11:53 am
What is the maturity value of a 9-year term deposit of $7411.28 at 2.3% compounded semi-annually? How much interest did the deposit earn? The maturity value of the term deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest earned is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)