At 1600 principal earns 7% interest compound semiannually twice per year after 33 years what is the balance in the account

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asked Aug 3, 2018 190k views

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Patrick McLaren · Answer 1 · 2018-08-09T08:41:12+0000

A $1,600.00 principle earns 7% interest, compounded semiannually twice per year. After 33 years, what is the balance in the account. My answer is $112,992.00

At 1600 principal earns 7% interest compound semiannually twice per year after 33 years what is the balance in the account

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