Interest on 2630 at 3% compounded semiannual for five years is
1 answer:
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Answer:
= 403
Step-by-step explanation:
the sum to n terms of an arithmetic series is
=
(a + l) ← a is the first term and l the last term
here a = - 5 and l = 67 , then
=
(- 5 + 67) = 6.5 × 62 = 403