Register

2) Ted invests $6,750 in a savings account with a fixed annual interest rate of 6% compounded semi-annually. What will the account balance be after 10 years?

2) Ted invests $6,750 in a savings account with a fixed annual interest rate of 6% compounded semi-annually. What will the account balance be after 10 years?
81.0k views
14 votes
2) Ted invests $6,750 in a savings account

with a fixed annual interest rate of 6%
compounded semi-annually. What will
the account balance be after 10 years?

User Zachary Wright
by
7.3k points

1 Answer

5 votes
I believe $10,800 but I’m not a 100% sure
User Rajesh Chaudhary
by
7.4k 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.

9.4m questions

12.2m answers

Categories

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
Link Copied!