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Math help? (Finance)

Asked by Melody12234 (101points) May 6th, 2020

How much money should be deposited today in an account that earns 6% compounded semiannually so that it will accumulate to $9000 in 2 years?

I know the answer is $10,129.58 although I don’t really know where to start… What am I supposed to do in order to achieve this answer? Thanks!

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