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

please answer these two before 1:20 pm!!! thanks
which is not a challenge with secondary sources
A car changes speed from 25 m/s to 10 m/s in 240 seconds. Describe its acceleration.​
Help Please!Which of the following statements is NOT true?A) Consuming high sugar food right before exercising will give the body a boost of energy for your wor
Consider the function f(x) = x2 + 2x – 15. What are the x-intercepts of the function? Left-most x-intercept: ( , 0) Right-most x-intercept: ( , 0)
Is this the right answer?
For the reaction below, identify the type of reaction and determine the coefficient for Ag after balancing the reaction
find the sum or difference. make sure your answer is simplified. work must be shown. 3/4x+1/20x​
Simplify math please help ​
PLEASE HELP!!!! CANT PASS TILL I HAVE THESE!!!! Which of the following statements is NOT true? A) Consuming high sugar food right before exercising will give th