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Question: course theory of interest on january 1 2005 susan put...

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Course: Theory of Interest

On January 1, 2005, Susan put $5000 into a bank account at Stingy Bank which pays a nominal annual interest rate of 3.5% compounded twice a year. On July 1, 2006, she withdrew $500. On January 1, 2007 she deposited an additional $700. How much will be in the account on January 1, 2010

Answer: On TI-BA II Plus Professional Calculator Use CF Worksheet = $6,159.45
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