Question

How much will $600 amount to be if it is invested at 10% interest compounded semiannually (two times a year) for 4 years?
A. $886.47
B. $952.40
C. $1063.20
D. $1168.17

Answer 1

\[A= P(1+\frac{r}{n})^{n\times t}\]A= amount you get
P = amount you invested
r = interest rate
n= no of time you get the interest
t = years of investment

Answer 2

comon man lol, is it a?

Answer 3

no seriosly is it c or d ?

Answer 4

because it got 1080$

Answer 5

How did you get that?

Answer 6

idk somehow

Answer 7

You can calculate it using the formula above.

Answer 8

well i coulndt

Answer 9

P = 600
r = 10%
n = 2
t = 4