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Ludmilka [50]
3 years ago
13

Answer my questions IM FAILING MATH AND NO OKES HELPING ME

Mathematics
2 answers:
Molodets [167]3 years ago
8 0

Answer:

Hi!

Around 2208.97 dollars

Step-by-step explanation:

A=P(1+r/n)^nt This is the compound interest rate equation.

According to the problem, Principal is 2000 with annual rate of 2.5%, it was being compounded semiannually(twice a year).

Thus,

P=2000.  r/n=2.5%/2 nt=2*4, 8

A=2000(1+0.0125)^8

A=2208.97

Alex_Xolod [135]3 years ago
4 0

Answer:

Ok I will help you

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