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Tori invests $1,500 into the stock market which earns 9% per year. In 20 years, how much will Tori's investment be worth if interest is compounded semiannually (twice a yea…

Tori invests $1,500 into the stock market which earns 9% per year. In 20 years, how much will Tori's investment be worth if interest is compounded semiannually (twice a yea…
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Tori invests $1,500 into the stock market which earns 9% per year. In 20 years, how much will Tori's investment be worth if interest is compounded semiannually (twice a year)?​

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User Zakir Sheikh
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7.8k points

1 Answer

9 votes

\bold{ANSWER:}
$8725


\bold{EXPLANATIONS:}
Tori invests $1,500 into the stock market which earns 9% per year. In 20 years, how-example-1
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User Robert Leggett
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8.0k points
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