document.write( "Question 1172570: Brian invests $15,500, at 8% interest, compounded semiannually for 2 years. Manually calculate the compound amount (in $) for his investment. \n" ); document.write( "
Algebra.Com's Answer #797643 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! P=Po(1+(r/n)^nt, n number of periods compounded per year; t=number of years. \n" ); document.write( "P=$15,500(1+.04)^4 \n" ); document.write( "=$18132.81, round at the end. \n" ); document.write( " |