Interest is compounded semianually. Find the amount in the account after the given time. Principal Rate of Interest Time $2000 4% 3 years The amount in the account is $ (Round to the nearest cent.)
Interest is compounded semianually. Find the amount in the account after the given time. Principal Rate of Interest Time $2000 4% 3 years The amount in the account is $ (Round to the nearest cent.)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter13: Sequences And Series
Section13.4: Mathematics Of Finance
Problem 26E
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