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 =

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