asked 159k views
3 votes
If 6700 is invested at a 4.6% interest compounded semi annually how much will the investment be worth in 15 years

asked
User Herrh
by
7.6k points

1 Answer

3 votes
Amount after 15 years  =  6700( 1 + 0.046/2)^(2*15) =  13,253.90 
answered
User Samtherock
by
7.4k points
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