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
4300(1+.035/2)^(2x9)
~~ 5876.08
Answers
Steve
That is right.