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

which one is greater 140% or 0.14
six ways that the human rights violation unfluences individual,groups and broader south african community
Most of the 1,300, British settlers who landed in Australia in 1788 were
Most people in Brazil live __________. A. along the banks of the Amazon River B. in rural areas away from cities C. within a few hundred miles of the coast D. f
Kyle has an aquarium in the shape of a rectangular prism. The aquarium is 24 inches long and 10 inches wide. The volume of the aquarium is 2,880 cubic inches. H
Which of these is a concave lens?
Whats the difference between hetergeneous and homogeneous?
Which description of a factor that encouraged people to migrate to the United States in the mid 1800s
Is true that the constitution was a U.S navy warship
What is the definition of interstate commerce