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kealalac1
28.06.2019 •
Mathematics
20,000 has been placed in a bank account that earns 5.7% interest. how much money will be in the account if it is compounded semi annually for 3 years
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Ответ:
$25 821.69
Step-by-step explanation:
The formula for the future value (FV) of an investment is
FV =PV(1 + r/n)^nt
FV = 20 000(1 + 0.087/2)^(2×3)
FV = 20 000(1 + 0.0435)⁶
FV = 20 000(1.0435)⁶
FV = 20 000 × 1.291 0847
FV = $25 821.69
Ответ:
4 granola bars is $9.00 12 granola bars is $27.00 24 granola bars is $54.00
Step-by-step explanation: