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Zinaida [17]
3 years ago
8

A 1,600.00 principal earns 7% interest compounded semiannually twice per year' after 33 years what is the balance in the account

?
Mathematics
1 answer:
Dmitrij [34]3 years ago
7 0
A=1600(1+0.07/2)^(2*33)=15,494.7
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First you would go 5-1=4, because that is the first equation that is in parenthesis by itself.

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Next you would go 4+6=10, because that is your next smallest bracket

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Last you would go 2*10=20

Your equation now looks like this

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In PEMDAS your next step is exponents, but we don't have any so we go on to the next one which is multiply/division

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You would go 20/4=5

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Step-by-step explanation:

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