Question

Find how much money will be in the account after the given number of years. (Assume 360 days in a year) & his interest

Principal: $10,000
Rate: 6%
Compounded: semiannually
Time: 3 Years

Answer 1

When you multiply $10,000, 0.06 2 and 3 you get the answer of $3,600 earned over that period of time

Answer 2

I think the answer would be $11,352