annercruz2011 annercruz2011

13-02-2021
Mathematics

contestada

A principal of $7000 is invested in an account paying an annual rate of 7%. Find the amount in the account after 5 years if the account is compounded semiannually, quarterly, and monthly. (a) The amount in the account after 5 years if the account is compounded semiannually is? (Round to the nearest cent.)

Respuesta :

thezekromninja thezekromninja

13-02-2021

Answer:

$2,874.19

Step-by-step explanation:

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