emmaleighpaige emmaleighpaige

29-10-2020
Mathematics

contestada

An account is opened with an initial deposit of $700 and earns 3.3% interest compounded semi annually. What will the account be worth in 3 years

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meg5618 meg5618

02-11-2020

Answer:

772.22

Step-by-step explanation:

A=$700(1+0.0332)2(3). Simplify using the order of operations: A=$700(1.0165)6=$700(1.103174712)≈$772.22.

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