Jacklyn Avery made two $900 deposits every year (i.e., semiannual) for 8 years. If the investment pays a return of 8% compounded semiannually, how much interest would Jacklyn's investment earn during the eight years? Use Tables 23-1A and 23-1B or a calculator.

Question

Jacklyn Avery made two $900 deposits every year (i.e., semiannual) for 8 years. If the investment pays a return of 8% compounded semiannually, how much interest would Jacklyn's investment earn during the eight years? Use Tables 23-1A and 23-1B or a calculator.​

Quizplus · Accepted Answer

The Answer of Jacklyn Avery made two $900 deposits every year (i.e., semiannual) for 8 years. If the investment pays a return of 8% compounded semiannually, how much interest would Jacklyn's investment earn during the eight years? Use Tables 23-1A and 23-1B or a calculator.​

Jacklyn Avery Made Two $900 Deposits Every Year (I