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 nearest cent.)
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
9.2k 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.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
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?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!