Question

Lisa Richter deposited $5,000 at 4% semiannually for three years.

Answer 1

so what do you have to fin?

Answer 2

You should find this page to be quite helpful:
http://www.1728.org/compint.htm

Answer 3

Hi @Gangel82 ..... what's the rest of the question trying to ask? Is it to work out the final amount after 4 years?

Answer 4

Attached is the formula, where A is final amount, P is principal (beginning amount) r is interest rate, n is times compounded per year, t is time (total number of years).