$12000 is compounded semiannually at a rate of 7% for 22 years. Find the total amount in the compound interest account
2 answers:
Answer:65686
'
Step-by-step expl22anation:
hujho
ni
i
Answer: $54,520.10
Step-by-step explanation:
A = P(1 + r/n)^nt
A being the amount after interest
P being $12000
r being .07 (7% interest)
n being 2 (semiannual)
t being the amount of years its being compounded for, 22
Setting it up,
A = 12000(1 + .07/2) ^2x22
A = 12000(1.035)^44
A = 12000(4.54334159549)
A = 54520.0991459
A = 54520.10
You might be interested in
Answer:
Step-by-step explanation:
Kilogram
decagram
gram
decigram
milligram
Answer:
-9f
Step-by-step explanation:
Combine like terms:
<span>
So you would choose
A confidently
</span>
It’s called an equilateral triangle because all sides are even. A triangle equals 180 degrees. So, 60 degrees x 3 sides = 180 degrees