Use the compound interest formula A=P(1+r/n)^nt
If $10,000 is invested at 2 percent semi...
Mathematics, 23.03.2020 01:42, jessica6597
Use the compound interest formula A=P(1+r/n)^nt
If $10,000 is invested at 2 percent semi-annually for 5 years, what is the amount at the end of the term?
$11,052
$11,049
$11,046
$11,051
If $10,000 is invested at 2 percent monthly for 5 years, what is the amount at the end of the term?
$11,052
$11,049
$11,046
$11,051
How much money would you have in a savings account at the end of one year, if you saved $1000 at two percent interest compounded quarterly? Round to the nearest dollar.
$1018
$1082
$1020
$1050
Answers: 1
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