document.write( "Question 1130487: Find the amount & interest of $ 12,000 for 6 years at 18% compounded semi-annually? \n" ); document.write( "
Algebra.Com's Answer #747191 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! this is 12000(1+.18/2)^12, the semiannually compounding divides the interest rate by 2, and the 12 is the number of compoundings in 6 years. $33751.98\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |