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3 years ago

13

If $8,000 is deposited into an account and earns interest at a rate of 2.75% compounded semiannually, how much interest is earne

d after 5 years?

1 answer:

Georgia [21]3 years ago

3 0

Answer: 9162.18

Step-by-step explanation:

8000(1+.0275)^5=9162.18675238

simplify and it is 9162.18

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scoundrel [369]

Answer:

You would get $40.52 back.

Step-by-step explanation:

1.50+1.99+5.99

$9.48

50-9.48=40.52

You would get $40.52 back.

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2 years ago

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Dmitry_Shevchenko [17]

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zubka84 [21]

Answer: The Third option

Step-by-step explanation:

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Hope this is right!

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2 years ago

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tia_tia [17]

True

Step-by-step explanation:

I double checked it I'm positive

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romanna [79]

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Step-by-step explanation:

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