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Determine the value of an investment if $300 is invested at a rate of 3.5% compounded...

Determine the value of an investment if $300 is invested at a rate of 3.5% compounded semiannually for 22 years. Round answer to the hundredths.

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Answer #1

Cawan imara setmand po 300 dollocs 3.5 /. 3.5 0.035 100 22 year dimo ). 2 (semiannually) Compound Inderest formula A = P(2+ )If you still have any doubt please ask in comment section. If you understand then please like it.

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