Register

If $15,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value of the investment after the given number of years. (round your answers to the …

If $15,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value of the investment after the given number of years. (round your answers to the …
210k views
2 votes
If $15,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value of the investment after the given number of years. (round your answers to the nearest cent.)

User Locriani
by
7.8k points

1 Answer

3 votes
15,606.00 is what it would be after a year
User Aseure
by
9.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!