Question

$15,600 at 10% compounded semiannually for 3 yrs.

Answer 1

Help

Answer 2

Use the compound interest formula A=P(1+r/n)^nt

Answer 3

yeah but i cant

Answer 4

A=The amount of money in the savings account
P=The principle
r=The interest rate converted to a decimal
t=The time that the money is in the account
n=The number of times the money is compounded per year

Answer 5

answer please

Answer 6

$15,600 at 10% compounded semiannually for 3 yrs.
p = $15,600
r = 10% = 0.1 decimal form
n = semiannually means twice (2)
t = 3 years

A= $15,600 (1+(0.1 /2))^(2(3))
can you solve it form here? u can use the calculator

Answer 7

i dont have one.

Answer 8

do you know how to use the order of operation
PEMDAS
First, start solving in the parenthesis
then, do the exponents
next, do the multiplication
do the division
addition
and then do the subtraction

Answer 9

yeah but can u just tell meeeeeeee