For the last 5 years Kerwin has made deposits of $126.00 at the end of every...
For the last
5
years
Kerwin
has made deposits of
$126.00
at the end of every
six months
earning interest at
6 %
compounded
semi-annually.
If he leaves the accumulated balance for another
4
years at
10 %
compounded
annually ,
what will the balance be in the account?The balance will be
$---------nothing.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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