Question

Katherine invested $1225 in a savings account which earns 3.25% interest compounded semiannually. What will the account be worth in 7 years?

$1,371.32

$1,535.13

$1,916.89

$3,514.69

Answer 1

@_dankedjelly @jojo4eva @rose21

Answer 2

@charlmange

Answer 3

@ganeshie8

Answer 4

$1,916.89

Answer 5

thank u !!

Answer 6

Marcus wants to purchase a home in six years. He will contribute $2500 each year to a savings account with 2.64% interest, compounded semiannually. What is the future value of this investment, when Maurice needs to make a down payment?

$16,138.37

$16.351.40

$32,276.74

$32,702.79