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Asked by Anonymous

You deposit $4,300 in an account earning 3.5% interest compounded semiannually. How much will you have in the account after 9 years?

4300(1+.035/2)^(2x9)

~~ 5876.08
8 years ago

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Answered by Steve
That is right.
8 years ago
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Question

You deposit $4,300 in an account earning 3.5% interest compounded semiannually. How much will you have in the account after 9 years?

4300(1+.035/2)^(2x9)

~~ 5876.08

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