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At the beginning of year 4 lee deposits an additional 41700

Lee Holmes deposited $16,700 in a new savings account at 6% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,700 at 6% interest compounded semiannually.

At the end of 6 years, what is the balance in Lee's account? (Do not round intermediate calculations. Round your answer to the nearest cent.)

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Finance Basics: At the beginning of year 4 lee deposits an additional 41700

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Finance Basics: At the beginning of year 4 lee deposits an additional 41700

Reference No:- TGS02548311

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