Register
5. Margaret deposits $1,000 in a savings account that pays 5.4% interest compounded semiannually. What is her balance after one year?​
145k views
2 votes
5. Margaret deposits $1,000 in a savings account that pays 5.4% interest compounded

semiannually. What is her balance after one year?​

User Olatunji
by
6.4k points

1 Answer

2 votes

Answer: $1110.92 (rounded up)

User Saintedlama
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.3m questions

8.3m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is distributive property ?
What is the measure of xyz
Link Copied!