SOLUTION: Find the final amount if $750 is invested at 5% interest compounded semiannually for 20 years.

SOLUTION: Find the final amount if $750 is invested at 5% interest compounded semiannually for 20 years.

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Question 807922: Find the final amount if $750 is invested at 5% interest compounded semiannually for 20 years.
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=750(1.025)^2*20
FV=750(2.685)
FV=$2013.80
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