3 years ago

I WILL GIVE BRAINLIEST PLEASE HELP

Mathematics

1 answer:

irina1246 [14]3 years ago

6 0

Answer:

Part I

4.8% compounded semiannually means 4.8%/2 = 2.4% per 6 month period

Part II

Period is 6 months, so 2 periods in a year and 2*8 = 16 periods in 8 years

Part III

A = $12200*(1 + 0.024)^16

Part IV

A = $12200*(1 + 0.024)^16 = $17830.32

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