Answered: Use the compound interest formula to…

Use the compound interest formula to compute the total amount accumulated and the interest earned. $3000 for 3 years at 6% compounded semiannually. The amount in the account is $nothing.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section: Chapter Questions

Problem 49CR

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Question

Use the compound interest formula to compute the total amount accumulated and the interest earned.

$3000

for 3 years at

compounded semiannually.

The amount in the account is

$nothing.

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