document.write( "Question 356443: Can you help me with this exercise, please?\r
\n" ); document.write( "\n" ); document.write( "If $5000 is deposited today, at 6% compounded semi-annually, how much money will this account contain after five years? (Asume no further deposits or withdrawals have been made during the five-year period).\r
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Algebra.Com's Answer #254447 by Fombitz(32388)\"\" \"About 
You can put this solution on YOUR website!
Interest: 6% annual would be 3% semiannually or 0.03.
\n" ); document.write( "Time Period: There are 10 semiannual periods in 5 years.
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\n" ); document.write( "\"F=P%281%2Bi%29%5En\"
\n" ); document.write( "\"F=5000%281%2B0.03%29%5E10\"
\n" ); document.write( "\"F=5000%281.03%29%5E10\"
\n" ); document.write( "\"F=5000%281.343916%29\"
\n" ); document.write( "\"highlight%28F=6719.58%29\"\r
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