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Alex787 [66]
4 years ago
14

a $3 500.00 principal earns 3 interest compounded semiannually after 20 yeara what is the balance in the account

Mathematics
1 answer:
Amiraneli [1.4K]4 years ago
5 0
A=3,500×(1+0.03÷2)^(2×20)
A=6,349.06
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Substitute their values, 
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S(25) = 25/2 [-14 + 120 ]
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In short, Your Answer would be 1325

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