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How much will you have if : S900 invested at 6% compounded semiannually for 5 years.

How much will you have if : S900 invested at 6% compounded semiannually for 5 years.
asked 3.3k views
1 vote
How much will you have if : S900 invested at 6% compounded semiannually
for 5 years.

asked
User Lawand
by
8.6k points

1 Answer

5 votes

Answer:

Explanation:

A = P(1+r/n)^nt

A = 900(1 + .06/2)^(5*2)

A = 900(1.03)^10

A=1209.52

answered
User Venkat
by
8.5k points
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