5) A Principal Of $600 Was Invested In A Term Deposit That Pays 5.5% Annual Interest, Compounded Semi-annually. To The Nearest Tenth Of A Year, When Will The Amount Be $1000? Use Graphing Technology If Necessary. [4 Marks]
5) A principal of $600 was invested in a term deposit that pays 5.5% annual interest, compounded semi-annually. To the nearest tenth of a year, when will the amount be $1000? Use graphing technology if necessary. [4 marks]