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02-12-2017
Mathematics

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You invest invest $100,000 in account with an annual interest rate of 4.5% compounded semiannually. How much money is in the account after 10 years

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zizoux07p0ac3m zizoux07p0ac3m

02-12-2017

100,000 x ( 1 + (0.045/2) )^19 = 152617.04$

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Аноним Аноним

02-12-2017

AMOUNT AFTER 10 YEARS = 100,000(1 + (0.045/2))^20

= £156,050.92

Answer Link

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