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$1,030 at 5% compounded semiannually for 2 years. Do not put commas or dollar signs in your answer. Round to the nearest cent. …. I need help

$1,030 at 5% compounded semiannually for 2 years. Do not put commas or dollar signs in your answer. Round to the nearest cent. …. I need help
asked 8.8k views
4 votes
$1,030 at 5% compounded semiannually for 2 years.

Do not put commas or dollar signs in your answer. Round to the nearest cent.
…. I need help

asked
User Indiv
by
8.4k points

1 Answer

4 votes

Answer:

1,678

Explanation:

1030(1.05)^10 = 1677.76

answered
User Ravi Kant
by
8.7k points
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