Can u just post the whole question or elaborate further
Answer:
mabe divided by 2
Step-by-step explanation:
I=prt.....
i=5000*10*0.03=1500
5000+1500=6500
Answer:$ 7425.89
Step-by-step explanation:
Formula to find the compound amount ( compounded semiannually) :-
, where P is the principal amount, r is rate of interest ( in decimal), and n is time in years.
Given : P= $7000
r=2.975%=0.02975
Time : n= 2
Then, The amount in account after 2 years:-
Hence, Amount in account after 2 years = $ 7425.89