$20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance after 10 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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$20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance after 10 years?
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