willbontrager20
willbontrager20 willbontrager20
  • 05-04-2018
  • Mathematics
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you deposit $500 in an account that pays 4% annual interest what is the balance after 10 years if it is compounded semiannually.

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Barry1609
Barry1609 Barry1609
  • 05-04-2018
500$ x 4% = 20$
10 years = 20 x 10= 200$
so it will be 500 +200 = 700$ 
can u mark me brainliest if i right :)) ty
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