12.1k views
1 vote
A 1,600.00 principal earns 7% interest compounded semiannually twice per year' after 33 years what is the balance in the account?

1 Answer

3 votes
A=1600(1+0.07/2)^(2*33)=15,494.7
User Jiloc
by
7.8k points

No related questions found