1 Please Show Work And Explanation In Each Step If You Invest 5 000 In An Invest

Find answers on: 1. please show work and explanation in each step. If you invest $5,000 in an investment which has an annual return of 10% but compounds every 6.

1.     please show work and explanation in each step.  If you invest $5,000 in an investment which has an annual return of 10% but compounds every 6 months (instead of yearly), how much will it have after 6 years?

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