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 role should the government have in enforcing equal rights for Americans?
7kg of soybean oil which costs $4/kg was combined with 14kg of canola which costs $1/kg. Find the cost per kg of mixture.
A man exchanged a dollar bill for change and received 7 coins, none of which were half dollars. How many of these coins were dimes?
which is an example of a physical change* metal rusting*silver tarnishing* water boiling* paper burning
Why does a bike get heavier when it rusts???Very confussed, I cant find anything on the internet :( please help
7kg of soybean oil which costs $4/kg was combined with 14kg of canola which costs $1/kg. Find the cost per kg of mixture.
solve the equation in factoral form   (x+3)(x-2/5=0
how many yards in a mile?
if log28 = log4 +logx what is the value of x
Please help me solve the equation3x+10y=487x+4y=54