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Find the ending balance if $2,000 was deposited at 4% annual interest compounded semi-annually for 6 years.

Find the ending balance if $2,000 was deposited at 4% annual interest compounded semi-annually for 6 years.
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Find the ending balance

if $2,000 was deposited
at 4% annual interest
compounded
semi-annually for 6 years.

asked
User Kennet Belenky
by
8.4k points

2 Answers

7 votes

Answer:

the person above has the answer:>

answered
User MAZux
by
9.0k points
2 votes

The ending balance would be $2,536.48

answered
User Qiuyuntao
by
8.2k points
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