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ICE Princess25 [194]
3 years ago
7

Tanisha wants to have $1000 in her bank account in 5 years. How much money should she deposit if her account earns 6% interest w

hich is compounded 2 times per year?
Mathematics
1 answer:
IRINA_888 [86]3 years ago
6 0
<span>Here is how you set it up: 

1000/(1+(0.06/2))^(2*5) = $744.09 

Your answer is: $744.09 

Have an amazing day and stay hopeful!


</span>
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