Step-by-step explanation:
hey.....
how are uh
<h3>
Answer: $7,853.16</h3>
Work Shown:
A = P*(1+r/n)^(n*t)
A = 4750*(1+0.10/2)^(2*10)
A = 12,603.164099436
A = 12,603.16
That represents the account balance after 10 years. To find the interest only, subtract off the deposit amount.
interest = A-P = 12,603.16 - 4,750 = 7,853.16
