219k views
18 votes
I NEED HELP

Use the compound interest formula A=P(1+rn)nt.

If $10,000 is invested at 2 percent semi-annually for 5 years, what is the amount at the end of the term?

$11,052


$11,051


$11,049


$11,046

User Zbryan
by
4.0k points

2 Answers

7 votes

Answer:

A

Explanation:

User Rschwieb
by
4.1k points
12 votes

Answer:

D: 11,046

Step-by-step explanation: i took the quiz

User Madan Ram
by
4.4k points