5. Compound Interest - Single Payment: $5000 was invested at 5.2%, compounded semi-annually, for 3 years. What was the investment worth at its maturity? (3)

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Farmer asked Sep 8, 2023

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5. Compound Interest - Single Payment: $5000 was invested at 5.2%, compounded semi-annually, for 3 years. What was the investment worth at its maturity? (3)

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Farmer asked Sep 8, 2023

by Farmer

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16 votes

Answer:

78000

Explanation:

5000/1 times 52/10 times 3)1

Hellnar answered Sep 12, 2023

by Hellnar

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