neo31
neo31 neo31
  • 24-04-2020
  • Mathematics
contestada

$18, 000 at 9% compounded semiannually for 6 years​

Respuesta :

ItzMikeSS
ItzMikeSS ItzMikeSS
  • 24-04-2020

Answer: $30,525.87

Step-by-step explanation:

[tex]A=P(1+\frac{r}{n})^n^t[/tex]

A = Amount

P = Principal

r = rate

n = number of times it is compounded

t = time

[tex]A=18000(1+\frac{0.09}{2})^(^2^)^(^6^) \\A=30,525.87[/tex]

Answer Link

Otras preguntas

what us a property of a base?1)bitter taste2)watery feel3)strong color4)unreactive​
what is transparent monofilament thread?
true or false: When forests are cleared, we take away an opportunity to remove carbon from the atmosphere
solve the simultaneous equations using an algebraic method: 2x+5y=0 3x-4y=23
It is best to focus on the tool and its attributes when creating a social media marketing plan.
A circle has a diagram of 29 feet. What is the area
What's the reason the children are given as to why aunt alexandra has come to stay with them? what do you think is the real reason?
What is the distance between the 2 points? Round to the nearest tenths place.
Solve the equation. 4x – 6 = 2x – 2
Can someone help me please