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Mathematics 19 Online
OpenStudy (mary.rojas):

Please help,forgot formulas a principal of 6500 is invested in an account paying an annual rate of 5 . find the amount after 3 years if the account is compounded semiannually, quarterly, and monthly

OpenStudy (anonymous):

Look up the formulas and then do this! It will help you in the long run if you do it yourself :)

OpenStudy (mary.rojas):

yea, I looked up the formulas, but tbh I do not know which one to use for what

OpenStudy (anonymous):

Semianually means every half year so you use the same formula but for every half year

OpenStudy (anonymous):

Quarterly means every quarter so every 3 months

OpenStudy (anonymous):

And monthly means every month

OpenStudy (anonymous):

So use the same formulas but plug in those values

OpenStudy (mary.rojas):

I know what they mean, but which formula?

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