<PRE><B>Question 1078764</B>
Suppose that $2000 is invested at a rate of 2.6%, compounded semiannually.
Assuming that no withdrawals are made, find the total amount after 10 years. 
Do not round any intermediate computations, and round your answer to the
nearest cent.
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A(t) = P(1+(r/n))^(n*t)
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A(10) = 2000(1+(0.026/2))^(2*10)
A(10) = 2000(1.295)
A(10) = $2589.52
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Cheers,
Stan H.
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