1788394 1788394
  • 09-02-2021
  • Mathematics
contestada

If you were to deposit $1,000 into an account that paid 10 percent interest compounded semiannually, how much money would you have in the account one year from now?

Respuesta :

theseaps theseaps
  • 09-02-2021
Semiannual means there will be two total periods in a year. Divide ten percent by two to get the interest rate per period. Then multiple by 1+i twice
Ver imagen theseaps
Answer Link

Otras preguntas

Whats the name of the gulf thats located just north of Libya's coast?
what element electron configuration 1s2 2s2 2p6 3s2 3p5
Under the ecomienda system, victorious conquistadors were made ____ over the land. owners renters trustees
while Alexander Hamilton supported merchants Thomas Jefferson was more sympathetic towards the needs of
what is collective bargaining
Solve the compound inequality, showing your work. Name the solution set and then draw the graph of the solution set.y-2<-5 or y-2>5
Under the ecomienda system, victorious conquistadors were made ____ over the land. owners renters trustees
what is the main difference between a maglev train and a normal train?
An increase in biodiversity generally causes what ?
which best characterizes the rainfall pattern in india?