Ask Question
3 November, 12:18

If $6700 is invested at 4.6% interest compounded semiannually, how much will the investment be worth in 15 years?

+1
Answers (1)
  1. 3 November, 15:19
    0
    A=p (1+i/m) ^mn

    A=6,700 * (1+0.046:2) ^ (2*15)

    A=13,253.90
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If $6700 is invested at 4.6% interest compounded semiannually, how much will the investment be worth in 15 years? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers