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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
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

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cwrw238Best ResponseYou've already chosen the best response.0
Amount = 12,000( 1 + 0.06/2)^(2*5) = 12000(1 + 0.03)^10
 one year ago

mybaby55Best ResponseYou've already chosen the best response.0
investmant percents*semi then what is the 2*5 pls
 one year ago

cwrw238Best ResponseYou've already chosen the best response.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

cwrw238Best ResponseYou've already chosen the best response.0
the 2 in 2*5 is the number of times its paid per annum
 one year ago

mybaby55Best ResponseYou've already chosen the best response.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

mybaby55Best ResponseYou've already chosen the best response.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

mybaby55Best ResponseYou've already chosen the best response.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
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