Question

Date Find the amount of t 6000 at 5°). Pa for a years of the interest is compounded semi-annually​

Answer 1

Answer:

A=P(1+R/100) ^T

P=6000, R=5%

T=2

A=6000(1+5/100) ^2

A=6000*21/20*21/20

AMOUNT=6615 ANS