Asked by thysha

Tammy has 12,000 to invest and believe that she will earn 3% compounded semiannually. Find the compound amount if she invrsy for 2 years and for 12 years

Answers

Answered by Steve
well, just plug in 2 or 12 for n in

12000 (1+.03/2)^(2n)

you can use google or wolframalpha to evaluate easily
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