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

A Cartesian Coordinate Systems can describe all of the following except Question 7 options: Vertical distance Acceleration Changes in position Direction
what is the answer to 6 plus r over 3 equals 1
Which of the following is an historical example of a cultural push factor? a. The United States actively sought Mexican agricultural laborers during and after
The sum of 7 and y, multiplied by 2
which area do most brazilians live in​
please answer my questions guys :(
What is 10xsquared = 6x
The graph of f(x) = 2x + 3 shifts 10 units to the right when it is replaced with the graph of f(x) = 2x − k. What is the value of k? A: 3 B: 7 C: 10 D: 13
Michael Smith, Judy Olsen, Kristy Johnston, and their mother owned interests in seventy-eight acres of real property in Montana. When their mother died, she lef
A 74-kg boy is surfing and catches a wave which gives him an initial speed of 1.6 m/s. He then drops through a height of 1.56 m, and ends with a speed of 8.5 m/