jaydenboi604
16.05.2021 •
Mathematics
Determine the amount of interest earned on $6400 invested at 4.8%, compounded semi-monthly, for 7 years.
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Ответ:
In the Arithmetic Sequence, the formula is
an=a1+(n-1)*d
where
an = the term that you want to find
a1 = first term in the list of ordered numbers
n = the term positiond = common difference of any pair of consecutive numbers
in this problem we have
a1=34
d=15
so
for n=200
a200=34+(200-1)*15> a200=3019
the answer is
3019