document.write( "Question 1131264: please help me find the answer for this question\r
\n" );
document.write( "\n" );
document.write( "You deposit $5,700 in an account earning 6% interest compounded semiannually. How much will you have in the account after 6 years?
\n" );
document.write( "(Note: Use n=12 for monthly compounding, n=4 for quarterly compounding, n=2 for semiannual compounding, and n=1 for annual compounding.)
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #747896 by josgarithmetic(39617)![]() ![]() ![]() You can put this solution on YOUR website! You deposit $5,700 in an account earning 6% interest compounded semiannually. How much will you have in the account after 6 years? \n" ); document.write( "--- \n" ); document.write( "---\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Twelve compounding periods at 6% yearly interest\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " |