document.write( "Question 690428: If $33000 is invested at an interest rate of 6 percent per year, compounded semi-annually, find the value of the investment after the given number of years. Each answer should be correct to the nearest penny.
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document.write( "1. 5 years
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document.write( "2. 10 years
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document.write( "3. 15 years \n" );
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Algebra.Com's Answer #426280 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 1) \n" ); document.write( "A=33000(1.03)^5*2 \n" ); document.write( "A=33000(1.34391) \n" ); document.write( "A=$44,349.03 \n" ); document.write( " |