## mybaby55 2 years ago how do i wite a formula for this \$12000 invested @ 6% compounded semi annually fo 5 years thanks in advance

1. cwrw238

Amount = 12,000( 1 + 0.06/2)^(2*5) = 12000(1 + 0.03)^10

2. mybaby55

ty again

3. cwrw238

yw

4. mybaby55

investmant percents*semi then what is the 2*5 pls

5. cwrw238

the general form is A = P(1 + r/c )^cr where P = principal amount, r = rate per annum and c is the number of times interest is paid per annum

6. cwrw238

the 2 in 2*5 is the number of times its paid per annum

7. mybaby55

crw if you are still there i would like to say a big thank you, my laptop started a load of pop ups, throwed it at the wall and you can guess what happened so now using a spare,

8. cwrw238

oh ok you are welcome

9. mybaby55

ty just got so frustrated with it its been doing that for past 2 days finally snapped lol good job it was not brand new

10. mybaby55

A = P(1 + r/c )^cr 12000(1+0.06/2)^? sorry just cant seem to get the ^cr yet to get to my answer

11. mybaby55

2*5

12. mybaby55

got it i think

13. mybaby55

bye