Answer:

Step-by-step explanation:


Answer:

Step-by-step explanation:
Since interest is compounded semi-annually (half a year or 6 months), in a spawn of 2 years, the interest will have been compounded 4 times. As given in the problem, each time the interest is compounded, the new balance will be 107% or 1.07 times the amount of the old balance.
Therefore, we can set up the following equation to find the new balance after 2 years:

No Answer
Step-by-step explanation:
There is no image so theres no way to help,
If you are going to ask this again make sure to put an image to get a better understanding, im sorry
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