Question

Find the amount accumulated if $500 is invested for 2 years at 6.5% compounded semi-annually.

Answer 1

\begin{array}{r||}
500(1+\frac{.065}{2})^{2*2}
\end{array}

Answer 2

THANKS THAT ALL I NEEDED TO KNOW

Answer 3

messed up on the .065 i put .65

Answer 4

\(\color{#ff00ff}{y}\color{#d09c44}{e}\color{#00f0ff}{p}\color{#3545f5}{:)}\)

Answer 5

amistre's correct.