Nbhjb H.

asked • 02/08/23

Determine the amount of an investment if $100 is invested at an interest rate of 5.5% compounded semi-annually for 6 years.

Determine the amount of an investment if $100 is invested at an interest rate of 5.5% compounded semi-annually for 6 years.

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.