Register
Ivan invested $1500 into an annuity that offers an interest rate of 4% compounded semiannually for 6 years. What is the value of Ivan's investment after 6 years?
151k views
4 votes
Ivan invested $1500 into an annuity that offers an interest rate of 4% compounded semiannually for 6 years. What is the value of Ivan's investment after 6 years?

User Hanry
by
6.3k points

2 Answers

3 votes

Answer:

1,902

Explanation: i dont remember the last time i was wrong

User Nathan Paul Simons
by
7.3k points
1 vote

Answer:$1,902

Explanation:ur welcome:)

Ivan invested $1500 into an annuity that offers an interest rate of 4% compounded-example-1
User Djamel
by
7.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.6m questions

10.2m answers

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!