BablaKanchan BablaKanchan

17-05-2022
Mathematics

contestada

7. Interest is compounded semianually. Find the amount in the account after the given time.

7 Interest is compounded semianually Find the amount in the account after the given time class=

Respuesta :

Аноним Аноним

17-05-2022

Answer:

$1,229.26

Step-by-step explanation:

Finding compound interest :

A = P (1 + r/n)^(nt)
A = (1,000)(1 + 0.07/2)²⁽³⁾
A = (1,000)(1.035)⁶
A = (1,000)(1.22925533)
A = $1,229.26

Answer Link

Otras preguntas

How do the retinas of the eyes of night-hunting animals differ from the retinas of animals that hunt during the daytime? Question 3 options: A.They have more

With her eyes closed and her nose plugged, chandra was unable to taste the difference between an onion and a pear. her experience best illustrates the importanc

A sound wave has a frequency of 440 HZ and a wavelength of .780 m what is the waves speed of the sound wave. A.100m/s B.34m/s C.2m/s D.343.2m/s

examine why airstrip one operates on military time as opposed to standard time which britain has historically used

Cuando un garrafon de gasolina lleno se calienta se debe abrir o no?

Read the sentence. She loves novels, she would like to read more of them. Edit the sentence to correct the comma splice. Because she loves novels she would

help me please thank you

MARRRRRRRK BRRRRRRRRRAINLLLLLLIESSSSSSSSSSTT

The electrical force on a 2-c charge is 60 n. the electric field where the charge is located is

Ten students need to present their reports. Five can present each day. How many ways can the teacher choose a group of five students to present their reports on