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

Read the sentence from an argumentative essay on employment in the United States. Even today, many foreigners continue to emigrate to the United States in hopes
PLZ HELP 10POINTS EASY HELP!!!!!!!!!!
The equilibrium between carbon dioxide gas and carbonic acid is very important in biology and environmental science. CO2 (aq) + H2O (l) → H2CO3 (aq) Which on
3) BRAINLIEST & 10+ POINTS!!! If a 4 foot blade of a propeller completes 22 revolutions per second, find the angular speed of the blade in radians per secon
Choose the best estimate for the mass of an apple. A. 25 g B. 250 g C. 1,000 g D. 2,000 g
When the VAT rate is 15%, a customer pays Rs.1610 to buy an electric fan. Find the cost of fan without VAT.
Formaggio Vecchio announced its regular quarterly cash dividend of $0.20 per share. Currently there are one million shares outstanding. Declaration date: Octobe
Which of the following gave African American men the right to vote
0 24 Ell in the black 1 (-3)+(-6) (-3) +-6)
List and briefly explain the common theories behind their motivation for creating the cave paintings? Do we know their motivations?