SOLUTION: Find the total amount in an account to the nearest cent after 2 years if the intrest is compounded twice a yearon an investment of $3500 at 2.25%

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Question 548278: Find the total amount in an account to the nearest cent after 2 years if the intrest is compounded twice a yearon an investment of $3500 at 2.25%
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=3500(1+0.0225/2)^2*2
A=3500(1.01125)^4
A=3500*1.045765
A=$3660.18