rmekid200139
rmekid200139 rmekid200139
  • 12-05-2020
  • Mathematics
contestada

Lea invests $8,333 in a savings account with a fixed annual interest rate of 8% compounded 2 times per year.what will be the balance after 12 years?

Respuesta :

leggish
leggish leggish
  • 12-05-2020

A = P(1 + rt)

A= 8,333(1+.08*24)

A=24332.36

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