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
12000 (1+.03/2)^(2n)
you can use google or wolframalpha to evaluate easily
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