Answer:
-9/4 divide (-2/3)
Step-by-step explanation:
Answer:
15/34
Step-by-step explanation:
Edited with the correct answer, sorry I made a mistake
How much would the investment be worth?
As the function for interest is already given to us, also,
The principal amount, P = $7,000
The rate of Interest, r = 3%
Time period, t = 5 years
Compounded semiannually, n = 2
Substitute the values,
Hence, the worth of the investment after 5 years at an interest of 3% is $8,123.79.
