Mathematics
Mathematics, 30.04.2021 07:10, noemir42

I WILL GIVE BRAINLIEST PLEASE HELP 1. Melanie invested $12,200 at 4.8% interest compounded semiannually, and she wants to know how much her investment will be worth in 8 years. (5 points: Part I ā€“ 1 point; Part II ā€“ 2 points; Part III ā€“ 1 point; Part IV ā€“ 1 point)
Part I: What is the periodic interest rate of Melanie's investment?

Part II: How many compounding periods does Melanie's investment offer in a year? How about in 8 years?

Part III: What expression can Melanie write to figure out how much her investment will be worth in 8 years?

Part IV: How much will Melanie's investment be worth in 8 years?

answer
Answers: 2

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I WILL GIVE BRAINLIEST PLEASE HELP 1. Melanie invested $12,200 at 4.8% interest compounded semiann...

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