Interest is compounded semiannually. Find the amount in the account after the given time. Principal = $4000, Rate of interest = 5%, Time = 3 years What’s the amount in the account?
Interest is compounded semiannually. Find the amount in the account after the given time. Principal = $4000, Rate of interest = 5%, Time = 3 years What’s the amount in the account?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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Interest is compounded semiannually. Find the amount in the account after the given time.
Principal = $4000, Rate of interest = 5%, Time = 3 years
What’s the amount in the account?
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