200 at 6% twice a year how much will Rachel have in ten years

1 answer:

6 0

A=P(1+R)^n
A=amount in 10 years
P=original amount (200)
R=rate(o.o6)
n=number of times compunded(20)
A=200x1.06^20
=641.4270944
Therefore Rachel will have 641.42 in 10 years

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