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Author Question: Find the amount in a savings account at the end of 9 years if the amount ... (Read 118 times)

Sufayan.ah

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Solve the problem.

Find the amount in a savings account at the end of 9 years if the amount originally deposited is $9000 and the interest rate is 7% compounded semiannually.

Use: A = Pntwhere:
A = final amount
P = $9000 (the initial deposit)
r = 7% = 0.07 (the annual rate of interest)
n = 2 (the number of times interest is compounded each year)
t = 9 (the duration of the deposit in years)
◦ $12,266.08
◦ $16,717.40
◦ $167,670.00
◦ $18,389.14


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Marked as best answer by Sufayan.ah on Feb 28, 2021

jsm54321

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Sufayan.ah

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Reply 2 on: Feb 28, 2021
Thanks for the timely response, appreciate it


xthemafja

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Reply 3 on: Yesterday
Excellent

 

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