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charle [14.2K]
3 years ago
9

you deposit $1050 into an account that pays 7.25% interest per year. find the amount after six year given the following: a) comp

ounded semiannually b) compounded monthly
Mathematics
1 answer:
nalin [4]3 years ago
7 0

Answer:

semiannually = $1609.77

monthly = $1128.71

Step-by-step explanation:

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<h3>What is a system of equations?</h3>

A system of equations is when two or more variables are related, and equations are built to find the values of each variable.

In this problem, the variables are:

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