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Find my interest if I invest $450 at 8% for 3 years compounded semi-annually.

Find my interest if I invest $450 at 8% for 3 years compounded semi-annually.
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Find my interest if I invest $450 at 8% for 3 years compounded semi-annually.

User Raynard
by
7.7k points

1 Answer

4 votes

Answer:

The final balance is $571.61.

The total compound interest is $121.61.

Explanation:

hope this helps!

User HSLM
by
7.7k points
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