anonymous
  • anonymous
how do i wite a formula for this $12000 invested @ 6% compounded semi annually fo 5 years thanks in advance
Algebra
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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cwrw238
  • cwrw238
Amount = 12,000( 1 + 0.06/2)^(2*5) = 12000(1 + 0.03)^10
anonymous
  • anonymous
ty again
cwrw238
  • cwrw238
yw

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anonymous
  • anonymous
investmant percents*semi then what is the 2*5 pls
cwrw238
  • 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
cwrw238
  • cwrw238
the 2 in 2*5 is the number of times its paid per annum
anonymous
  • anonymous
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,
cwrw238
  • cwrw238
oh ok you are welcome
anonymous
  • anonymous
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
anonymous
  • anonymous
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
anonymous
  • anonymous
2*5
anonymous
  • anonymous
got it i think
anonymous
  • anonymous
bye

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