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

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cwrw238
 2 years ago
Best ResponseYou've already chosen the best response.0Amount = 12,000( 1 + 0.06/2)^(2*5) = 12000(1 + 0.03)^10

mybaby55
 2 years ago
Best ResponseYou've already chosen the best response.0investmant percents*semi then what is the 2*5 pls

cwrw238
 2 years ago
Best ResponseYou've already chosen the best response.0the 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
 2 years ago
Best ResponseYou've already chosen the best response.0the 2 in 2*5 is the number of times its paid per annum

mybaby55
 2 years ago
Best ResponseYou've already chosen the best response.0crw 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,

mybaby55
 2 years ago
Best ResponseYou've already chosen the best response.0ty just got so frustrated with it its been doing that for past 2 days finally snapped lol good job it was not brand new

mybaby55
 2 years ago
Best ResponseYou've already chosen the best response.0A = P(1 + r/c )^cr 12000(1+0.06/2)^? sorry just cant seem to get the ^cr yet to get to my answer
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