Answer:
The total ammount in the compound interest account is $73325.30
Step-by-step explanation:
The compound interest formula is given by:
A: Amount of money(Balance)
P: Principal(Initial deposit)
r: interest rate(as a decimal value)
n: number of times that interest is compounded per unit t
t: time the money is invested or borrowed for.
In our problem, we have that:
A = total amount
P = $9000
r = 0.12
n = 2(semiannually means twice a year)
t = 18
So:
The total ammount in the compound interest account is $73325.30
Answer: is D
Step-by-step explanation:
Answer:
y
=
w
/h +
5
t/
h
i believe
Step-by-step explanation:
In word form is: Four hundred twenty three billion, ninety million, seven hundred nine thousand.