Question
Compound Interest: Suppose $1,600 is invested in a savings account that pays 5% compounded semiannually, how much is in the account at the end of 11 2 years?
having difficulties in finding a solution
Answers
Indicate your subject in the "School Subject" box, so those with expertise in the area will respond to the question.
Related Questions
Suppose that P dollars is invested in a savings account at interest rate I, compounded semiannually,...
Suppose that P dollars is invested in a savings account at interest rate I, compounded semiannually,...
regina deposits 3500 in a savings account that pays 7 1/2 % interest , compounded semiannually. how...
austin invested $2400 in each of his savings accounts. account A pays 3.5% simple interest. account...