The amount in the account after the given time if compounded semiannually is $1104.2
<h3>Compound interest </h3>
Interest is any amount added on a sum of money over a period of time. The formula for calculating the compound interest is:
A = P(1+r/n)^nt
Given
P = $1000
rate r = 0.05
time =3years
n = 2
Substitute
A = 1000(1 + 0.05/3)^3(2)
A= 1000(1.1042)
A = $1104.2
Hence the amount in the account after the given time if compounded semianually is $1104.2
Learn more on compound interest here: brainly.com/question/24924853
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No he will not.
86 degrees F is 30 degrees C
Answer:
$2147.85
Step-by-step explanation:
199.5*.5=99.75
199.5+99.75=299.25
299.25*.3=89.775
299.25-89.775=209.475
209.475*.04=8.279
209.475+8.379=217.854
John brought 20 water melons each water melon cost him 2 dollars. He gave his friend Bob 3/4 of the watermelons. In return bob gave him double the amount of water melons back. How many watermelons does John have now? How much money did he spend on each water melon?
I’m learning this right now actually! The first one is...pretend the 2 is small. x2+2-15 and the second answer is x2+7-30!