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vovikov84 [41]
2 years ago
7

Melitta open an account using her life savings of 250,000 the account pays 5.2% compounded semi-annually how much will maleta ha

ve at the end of 10 years​
Mathematics
1 answer:
Veronika [31]2 years ago
8 0
Answer: 41,504.71


Explanation:
It’s compound interest so you get the formula for that which is
A=p(1+r)^t
Fill in the values and change the % into a fraction
A=25,000(1+0.052)^10
Then solve
A=41,504.71

Hope this helped❤️
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