danielserrano2306 danielserrano2306

12-02-2021
Mathematics

contestada

2) Jack invests $4,325 in a savings account with a fixed annual interest rate of 7%
compounded semi-annually. What will the account balance be after 7 years?

Respuesta :

sharda40 sharda40

12-02-2021

Answer:

A=P(1+r/200)^2n

=4325(1+7/200)^14

=4325*1.61869452

=7000

Answer Link

Otras preguntas

Accenture is working with a client to improve their current security infrastructure. the client wants to redefine the security programs, create long-term plans

The least value of the function x^2 + px + q is 3 and this occurs when x = - 2. find the values of p and q

Let a and b be two independent events. if p(a) = .25, what can you say about p(a | b)?

Why did shay rebellion need a strong national government?

What is the difference between decimal and hexadecimal number system?

Bagasse- and sugarcane-based ethanol are major items in the energy resources of?

At which stage of the water cycle does water return to earth in the form of rain or snow ?

You have been subpoenaed to appear in court regarding possible malpractice in your office. What do you need to prepare to be ready to testify and with whine sho

For employees who are paid handsomely for their efforts, marx said their work would ultimately prove to be.

What is the second phase of interpreting the work in a visual critique? sharing positive reinforcement sharing stylistic impressions sharing critical feedback