Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. an investment account pays 3 5 annual interest com

An investment account pays 3 5 annual interest compounded semiannually If 4000 is invested in...

60.1K

Verified Solution

Question

Basic Math

image

An investment account pays 3 5 annual interest compounded semiannually If 4000 is invested in this account what is the balance after 15 years O 4663 50 O 6731 20 5702 31

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

10 Let A 1 7 15 9 1 13 5 2 1 1 3 3...

Basic Math
1.2K views

Find all the roots and check your answers.x +10x+21x=0

Algebra
1.2K views

Use the unit circle to evaluate the six trig functions of 0 720 sin cos...

Accounting
1.2K views

Sage Co. acquired 25% of the 540,000 shares...

Accounting
1.2K views

Your company uses the DDB method. Assets purchased between the 1st and 15th of the...

Accounting
1.2K views

b) Use formula PV = FV/(1+in) PV = Present Value FV = Future Value i...

Accounting
1.2K views

Single-Step Income Statement (Single, not multi) The following financial information is for the...

Accounting
1.2K views

On January 1, 2024, a company acquired land for $7.4 million. The company paid $1.8...

Accounting
1.2K views

Question 11 The following December 31,2024, fiscal year-end account balance information is available...

Accounting
1.2K views

Exercise 8-24 (Algorithmic) (LO. 3) McKenzie placed in service qualifying equipment (7-year MACRS class) for...

Accounting
1.2K views

The South Division of Wiig Company reported the following data for the current year. Sales...

Finance
1.2K views

8. If you invest \\( \\$ 4,500 \\) in a bank certificate of deposit that...