Mathematics, 07.05.2020 08:05 EatsChiken
Use the compound interest formula to compute the total amount accumulated and the interest earned.
$5000 for 3 years at 7% compounded semiannually.
The amount in the account is $ 6146.2
(Do not round until the final answer. Then round to the nearest cent as needed.)
The interest earned is $ 6,152.
(Do not round until the final answer. Then round to the nearest cent as needed.)
Answers: 2
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Use the compound interest formula to compute the total amount accumulated and the interest earned.
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