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OpenStudy (anonymous):
24. $1,600 principal earning 7%, compounded semi-annually, after 33 years (1 point)
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OpenStudy (andrewkaiser333):
15,494.70
OpenStudy (andrewkaiser333):
final answer lol
OpenStudy (andrewkaiser333):
ok??
OpenStudy (anonymous):
P = 1,600 * ( 1 + .07/2 ) ^33*2 = $15,494.7
OpenStudy (anonymous):
thanks
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OpenStudy (anonymous):
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