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If you put that same $1000 with a different company that pays 5% and compounds every six months, how much money will you have on your 18th birthday? Show all your work.

If you put that same $1000 with a different company that pays 5% and compounds every six months, how much money will you have on your 18th birthday? Show all your work.
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If you put that same $1000 with a different company that pays 5% and compounds every six months, how much money will you have on your 18th birthday? Show all your work.

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User Ardenne
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1 Answer

5 votes
5% of a thousand is 50 so, 50 x 18 = 900
answered
User Ankesh
by
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