You invest invest $100,000 in account with an annual interest rate of 4.5% compounded semiannually. How much money is in the account after 10 years

asked Apr 16, 2018 224k views

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2 votes

AMOUNT AFTER 10 YEARS = 100,000(1 + (0.045/2))^20

= £156,050.92

Gargoyle answered Apr 19, 2018

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5 votes

100,000 x ( 1 + (0.045/2) )^19 = 152617.04$

Mato answered Apr 21, 2018

by Mato

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