SOLUTION: Compound Interest: Suppose $2,500 is invested in a savings account that pays 4% compounded semiannually, how much is in the account at the end of 1 and a half years? ( 1 1/2)

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Question 1024794: Compound Interest: Suppose $2,500 is invested in a savings account that pays 4% compounded semiannually, how much is in the account at the end of 1 and a half years? ( 1 1/2)
Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!




Remember to round to the nearest $0.01

John

My calculator said it, I believe it, that settles it

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