nataliav676 nataliav676
  • 03-05-2022
  • Mathematics
contestada

$3000 principal earning 5%, compounded semi-annually, after 20 years.

Respuesta :

jsimpson11000 jsimpson11000
  • 05-05-2022

Answer:

$ 8055.19

Step-by-step explanation:

interest per period   .05 /2 = .025

periods = 20 * 2 = 40 periods

3000 ( 1+.025)^40 =

Answer Link

Otras preguntas

What is the meaning of straight leg raising? 1) A medical procedure 2) A physical exercise 3) A dance move 4) A yoga pose
Find the value of unknown angles
What is the intersection point for this system of equations? x + y = 49 .10x + .25y = 7.45
simplify this provlem
Given that y1(t)=cos(t) is a solution to y''-y'y=sin(t) and y2(t)=1/3e²t is a solution to y''-y'y=e²t. What is the general solution to the differential equation
-9r 5 is greater than or equal too 10 r
Interior and exterior angles
what is the value of k2+6 when k=3
Given , find the quotient. (2 points) −14.6 1.825 −3.65 14.6
100 POINTS!!! AP Government and PoliticsProvide the information on these six kinds of political actors:1. The mediaHow can the media influence lawmakers or the