PLEASE HELP ME!!!! If Jimmy invests $250 twice a year at 4% compounded semi-annually, how much will his investment be worth after 3 years? with step by step

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asked Mar 11, 2021 5.2k views

3 votes

PLEASE HELP ME!!!!

If Jimmy invests $250 twice a year at 4% compounded semi-annually, how much will his investment be worth after 3 years?

with step by step

Mathematics
college

Anees asked

by Anees

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1 Answer

4 votes

Answer:

250(1+.04)^3

Explanation:

Michael Landis answered Mar 17, 2021

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