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Find the balance on a deposit of $15,600 that earns 10% compounded semiannually for 3 years. $20,905 $4,680 $2,076 $3,636

Find the balance on a deposit of $15,600 that earns 10% compounded semiannually for 3 years. $20,905 $4,680 $2,076 $3,636
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Find the balance on a deposit of $15,600 that earns 10% compounded semiannually for 3 years. $20,905 $4,680 $2,076 $3,636

User Kevin Kibler
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1 Answer

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The interest would be $4,680 each year.
User DainDwarf
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