Question

How much did you invest at 9% compounded bi-weekly if 10 years later the investment is worth $54,000?

Answer 1

follow this example

http://www.jiskha.com/display.cgi?id=1301189739

Answer 2

I thought it was the same question, but it is not

let the investment be x

i = .06/26 = .0023077
n = 10(26) = 260
x(1.0023077^260) = 54000

solve for x