The amount in the account after the given time if compounded semiannually is $1104.2
<h3>Compound interest </h3>
Interest is any amount added on a sum of money over a period of time. The formula for calculating the compound interest is:
A = P(1+r/n)^nt
Given
P = $1000
rate r = 0.05
time =3years
n = 2
Substitute
A = 1000(1 + 0.05/3)^3(2)
A= 1000(1.1042)
A = $1104.2
Hence the amount in the account after the given time if compounded semianually is $1104.2
Learn more on compound interest here: brainly.com/question/24924853
#SPJ1
1 billion is 1,000 million 1,000,000,000
so
27,003,095,000
Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.
Write me here and I will give you my phone number - *pofsex.com*
My nickname - Lovely
Answer:
the answer is 67 square inches.
A crow bar is a bar that help you lift thing up
