Brenda invests $4,848 in a savings account

2 answers:

8 0

She invests some amount in a saving account of fixed interest compounded half-yearly. It says to find its Future Value after six years.
The principal amount is P = $4,848.
Annual interest rate is 5% i.e. r = 0.05
Compounding period is two times per year i.e. n = 2.
Time of investment is t = 6 years.
We know the formula of Future Value is given by :-

We can plug the given values in the formula to calculate the answer.

Hence, future value of investment after six years is 6,520.02 dollars.

Read more on Brainly.com - brainly.com/question/8866301#readmore

ELEN [110]3 years ago

5 0

It will be $2678 because they’ve took 12%

You might be interested in

What is the area plz show steps so I Understand thank you

Bezzdna [24]

Answer:

2pi +6

Step-by-step explanation: First you can get the are of the triangle by doing (base *height)/2 this will be (3*4)/2 whcih is 6

Area of the half circle. To get the area of the circle u do radius^2*pi. this will be 2^2*pi in this example. so 4pi. because its half u have to to divide it by 2, so 4pi/2 is 2pi.

Now 2pi + 6 is the anwser

3 0

3 years ago

write in simplest form

RSB [31]

Answer:

13/72

Step-by-step explanation:

5 0

4 years ago

Please HELP I NEED HELP WITH THESE QUESTIONS

never [62]