What principal will amount to $2000 if invested at 4% interest compounded semiannually for 5 years? Answer should be in six (6) siginficant figures, NO comma, NO space between characters. ANSWER: $Blank 1 Blank 1 Add your answer

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 6P
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What principal will amount to $2000 if invested at 4% interest compounded
semiannually for 5 years? Answer should be in six (6) siginficant figures, NO comma, NO space between characters.
ANSWER: $Blank 1
Blank 1
Add your answer
Transcribed Image Text:What principal will amount to $2000 if invested at 4% interest compounded semiannually for 5 years? Answer should be in six (6) siginficant figures, NO comma, NO space between characters. ANSWER: $Blank 1 Blank 1 Add your answer
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