3 years ago

What principal will amount to S2000 if invested at 4% interest compounded semiannually for 5 years?

Mathematics

1 answer:

statuscvo [17]3 years ago

3 0

Answer:

Formula for principal that amounts to $2000 if invested at 4% interest compounded semiannually for 5 years:

P = 2000 x ( 1 + 0.04/2)^(5 x 2)

= 2437.99$

Hope this helps!

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Math slope please jelpyasap

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4 years ago

What is 4/7en - 3/7en = ?

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3 years ago

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3 years ago

How do you do 32y + 12y

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=44y

*The answer must have a positive sign.*

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4 years ago

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