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

select All of the answers that are true about refutation.-changes-disregards-predicts-supports-discredits
What is the most common cause of iron deficiency anemia?
Determine the measures of the unknown (labeled) angles.
What type of research examines the problems at hand and tracks them over time?
Seedless plants can be organized into two groups called
The density of solid fe is 7.87 g/cm3. how many atoms are present per cubic centimeter of fe?
Fifteen percent of the workers at Nationwide Industries earn minimum wage. If 24 workers earn minimum wage, how many total workers are there at Nationwide Indus
I need to learn aout water molecules?
Carbon obtained from a sample of frozen skin in a glacier is found to have one-half the 14c-to-12c ratio of present-day carbon. about how old is the skin? the h
Compare and contrast two specific forms of limited government: Oligarchy, Monarchy, Constitutional Monarchy, and Dictatorship. Provide at least two similarities