futuremedic2019
futuremedic2019 futuremedic2019
  • 23-09-2018
  • Mathematics
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5750 is compounded semiannually at a rate of 12% for 15 years

5750 is compounded semiannually at a rate of 12 for 15 years class=

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wolf1728
wolf1728 wolf1728
  • 23-09-2018

Total = 5,750 * (1 + .12/2)^15*2

Total = 5,750 * (1 + .06)^30

Total = 5,750 * 5.7434911729

Total = 33,025.07


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