Register

QUESTION 5 - 1 POINT Rebecca invests $700 into an account with a 2.9% interest rate that is compounded semiannually. How much money will she have in this account if she keeps it…

QUESTION 5 - 1 POINT Rebecca invests $700 into an account with a 2.9% interest rate that is compounded semiannually. How much money will she have in this account if she keeps it…
asked 183k views
3 votes
QUESTION 5 - 1 POINT

Rebecca invests $700 into an account with a 2.9% interest rate that is compounded semiannually.
How much money will she have in this account if she keeps it for 5 years?
Round your answer to the nearest dollar.
Provide your answer below:

asked
User Tobinharris
by
7.8k points

2 Answers

4 votes

Answer:

$814 she kept for 5 years if she don't spend it

Explanation:

answered
User Cristiano Fontes
by
8.4k points
2 votes
Rebecca will have $814 in the account if she keeps it for 5 years.
answered
User Mark Locklear
by
8.0k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!