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Klio2033 [76]
3 years ago
9

A principal of ​$7000 is invested in an account paying an annual rate of 7%. Find the amount in the account after 5 years if the

account is compounded​ semiannually, quarterly, and monthly. (a) The amount in the account after 5 years if the account is compounded semiannually is? (Round to the nearest cent.)
Mathematics
1 answer:
podryga [215]3 years ago
4 0

Answer:

$2,874.19

Step-by-step explanation:

Hope this helps

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