Mathematics, 19.05.2021 05:10, cammiehullett2610
Hello hoping someone could help me understand a math problem. Suppose that $2,200 is invested at a rate of 3.3% compounded semiannually. Assuming that no withdrawals are made find the total amount after 4 years.
this is the equation I am using and I am not getting the correct answer. Can someone tell me if my equation is incorrect please.
2,000(1+0.033/2)2^4
Thank you
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