Question 734836
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The compound interest formula is

{{{P = A(1+r/n)^(n*t)}}}

Take out the {{{A}}} and put 9700 in its place:

{{{P = 9700(1+r/n)^(n*t)}}}

Take out the {{{r}}} and put 0.034 in its place:

{{{P = 9700(1+0.034/n)^(n*t)}}}

Take out the {{{n}}} and put 2 in its place (because the
word "semiannually" means twice a year.

{{{P = 9700(1+0.034/2)^(2*t)}}}

Take out the {{{t}}} and put 1 year in its place:

{{{P = 9700(1+0.034/2)^(2*1)}}}

{{{P = 9700(1+0.017)^2}}}

{{{P = 9700(1.017)^2}}}

P = $10032.60

Edwin</pre></font>