how do i wite a formula for this
$12000 invested @ 6% compounded semi annually
fo 5 years thanks in advance

Question

how do i wite a formula for this
$12000 invested @ 6% compounded semi annually
 fo 5 years thanks in advance

cwrw238 · Answer

Amount = 12,000( 1 + 0.06/2)^(2*5)
            = 12000(1 + 0.03)^10

anonymous · Answer

ty again

cwrw238 · Answer

yw

anonymous · Answer

investmant percents*semi then what is the 2*5 pls

cwrw238 · Answer

the general form is

A = P(1 +  r/c )^cr

where P = principal amount, r = rate per annum and c is the number of times interest is paid per annum

cwrw238 · Answer

the  2 in 2*5 is the number of times its paid per annum

anonymous · Answer

crw if you are still there i would like to say a big thank you, my laptop started a load of pop ups, throwed it at the wall and you can guess what happened so now using a spare,

cwrw238 · Answer

oh ok

you are welcome

anonymous · Answer

ty just got so frustrated with it its been doing that for past 2 days
finally snapped lol
good job it was not brand new

anonymous · Answer

A = P(1 +  r/c )^cr
12000(1+0.06/2)^?
sorry just cant seem to get the ^cr yet to get to my answer

anonymous · Answer

2*5

anonymous · Answer

got it i think

anonymous · Answer

bye