Ask a New Question

Asked by Anonymous

what would the compound interest on 8000.00 invested for two years at 12% compounded semiannually be?
11 years ago

Answers

Answered by Kuai

P(1+ r/n)^tn
8000(1+.12/2)^2*2
8000(1.06)^4
=?
11 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

Given that the compound interest formular when A=p(1+r/n)nt where A is the amount accumulated at the... How much is $400 at 12% interest from December, 2010 How much did you pay in interest to the lender? (total paid – original $400,000 loan) Can some one tell me an interesting topic i could research in psychology? and can u please give me... For example, you may be interested in learning whether there is a significant difference in birth we... Does anyone have a most interesting animal that I can used for my project on social studies? I appre... I know how to do simple interest on a loan but how would I figure compound interest on a loan $8,000... I need help finding two interesting novels which have the same theme that could be compared in an es... how much will i earn in interest if I put $190,000 in a 1 year CD getting 3% What is the rate if the interest is $1,200, the time is 3 years and the principle is $5,000?
Submit Your Answer

Question

what would the compound interest on 8000.00 invested for two years at 12% compounded semiannually be?

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use