daniechavarria079782 daniechavarria079782
  • 18-02-2022
  • Mathematics
contestada

Interest is compounded semianually. Find the amount in the account after the given time.
Principal Rate of Interest Time
$1000
5%
3 years
The amount in the account is $

Interest is compounded semianually Find the amount in the account after the given time Principal Rate of Interest Time 1000 5 3 years The amount in the account class=

Respuesta :

raianjila1234
raianjila1234 raianjila1234
  • 21-02-2022

Step-by-step explanation:

p=1000,T=3 year ? R=5% semi annual compound ammount=p (1+R÷200)^2T=1159.94

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