An account is opened with an initial deposit of $700 and earns 3.3% interest compounded semi-annually. What will the account be
worth in 3 years? Round your answer to the nearest cent.
1 answer:
Answer:
772.22
Step-by-step explanation:
A=$700(1+0.0332)2(3). Simplify using the order of operations: A=$700(1.0165)6=$700(1.103174712)≈$772.22.
You might be interested in
Answer:
$116.00
Step-by-step explanation:
80.00x45%=36.00
80.00+36.00=116.00
Answer:
Step-by-step explanation:
<u>Use slide-and-divide method</u>
You would do, "(30*5)+(9*5)" soo...they would be separated and it would be easier to solve
Answer:
$6.34
Step-by-step explanation:
15.85 - 60% = $6.34
Answer:
The last one is 8
Step-by-step explanation:
I'm unsure of the question.
