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Lorico [155]
3 years ago
12

If $6700 is invested at 4.6% interest compounded semiannually, how much will the investment be worth in 15 years?

Mathematics
2 answers:
elena-s [515]3 years ago
7 0

Answer:

13,253.90

Step-by-step explanation:

did test

aalyn [17]3 years ago
5 0
A=p(1+i/m)^mn
A=6,700×(1+0.046÷2)^(2×15)
A=13,253.90
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_____
If there is some reason you don't want to reduce the second fraction, the lowest common denominator will be (n -2)(n +2).
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3 years ago
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Step-by-step explanation:

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Step-by-step explanation:

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