Quantcast

Got Homework?

Connect with other students for help. It's a free community.

  • across
    MIT Grad Student
    Online now
  • laura*
    Helped 1,000 students
    Online now
  • Hero
    College Math Guru
    Online now

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

mybaby55 Group Title

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

  • one year ago
  • one year ago

  • This Question is Closed
  1. cwrw238 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

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

    • one year ago
  2. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    ty again

    • one year ago
  3. cwrw238 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    yw

    • one year ago
  4. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

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

    • one year ago
  5. cwrw238 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    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

    • one year ago
  6. cwrw238 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

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

    • one year ago
  7. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    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,

    • one year ago
  8. cwrw238 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    oh ok you are welcome

    • one year ago
  9. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    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

    • one year ago
  10. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    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

    • one year ago
  11. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    2*5

    • one year ago
  12. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    got it i think

    • one year ago
  13. mybaby55 Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    bye

    • one year ago
    • Attachments:

See more questions >>>

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.