Susan Phillips made two $1200 deposits every year (i.e., semiannual) for 10 years. If the investment pays a return of 6% compounded semiannually, how much interest would Susan's investment earn during the 10 years? Use Tables 23-1A and 23-1B or a calculator.

Question

Susan Phillips made two $1200 deposits every year (i.e., semiannual) for 10 years. If the investment pays a return of 6% compounded semiannually, how much interest would Susan's investment earn during the 10 years? Use Tables 23-1A and 23-1B or a calculator.​

Quizplus · Accepted Answer

The Answer of Susan Phillips made two $1200 deposits every year (i.e., semiannual) for 10 years. If the investment pays a return of 6% compounded semiannually, how much interest would Susan's investment earn during the 10 years? Use Tables 23-1A and 23-1B or a calculator.​

Susan Phillips Made Two $1200 Deposits Every Year (I