Question

Michelle is 25 years old and wants to retire at the age of 50. if she invests $60,000 inheritance at 7% compounded semi annually how much will she have when she turns 50

Answer 1

@Mehek14 @SnuggieLad

Answer 2

\[60,000\times (1+\frac{.07}{2})^{50}\] and a calculator

Answer 3

i don't have a right calculator for this

Answer 4

your kidding right?

Answer 5

you are on a computer?

Answer 6

http://www.wolframalpha.com/input/?i=60,000 \times+%281%2B\frac{.07}{2}%29^{50}

Answer 7

yea my hand held isn't a scientific one

Answer 8

copy and paste

Answer 9

in the chrome ,write scientific computer and click,you will get.

Answer 10

pro tip: for simple calculations like this you can just type it into google

Answer 11

type in

60,000 * (1+0.07/2)^50

into the google search bar