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3 years ago

11

Tanisha wants to have $1000 in her bank account in 5 years. How much money should she deposit if her account earns 6% interest w

hich is compounded 2 times per year?

2 answers:

Artist 52 [7]3 years ago

5 0

Answer:

747,26

Step-by-step explanation:

1000=x (1+0.06)^5

1000/((1+0.06)^5)=x

Lilit [14]3 years ago

3 0

Answer:

744,09

Step-by-step explanation:

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