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earest cent as needed.)

earest cent as needed.)

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 7SC
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Find the total amount a college student has in a savings account if $9,000 was invested and earned 4% compounded semiannually for 4 years. nt r Use A = P 1+ The amount after 4 years will be $ . (Do not round until the final answer. Then round to the nearest cent as needed.)
Transcribed Image Text:Find the total amount a college student has in a savings account if $9,000 was invested and earned 4% compounded semiannually for 4 years. nt r Use A = P 1+ The amount after 4 years will be $ . (Do not round until the final answer. Then round to the nearest cent as needed.)
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