Question

Twelve years ago, Claire put $1,800 in an account that pays an interest rate of 2.5%
compounded semiannually.She now plans to take the money in that account and invest
it in another account that earns 4% interest compounded monthly. How much money
will be in this new account after 7 years?​

Answer 1

Answer:  

A = $ 3,207.40

A = P + I

P (principal) = $ 1800

I (interest) = $ 1407.4

 

I hope it helped you, if it did then consider marking me as Brainliest.