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Riley invested $1,000 in savings bonds. If bonds earn 6.75% interest compounded semi-annually, how much will riley earn in 15 years?

Riley invested $1,000 in savings bonds. If bonds earn 6.75% interest compounded semi-annually, how much will riley earn in 15 years?
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5 votes
Riley invested $1,000 in savings bonds. If bonds earn 6.75% interest compounded semi-annually, how much will riley earn in 15 years?

User KChen
by
7.4k points

1 Answer

5 votes

Answer:

$2,706.86

Explanation:

User James Montagne
by
8.9k points
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