supercat2610
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  • 12-01-2021
  • Mathematics
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Chau deposited $4000 into an account with 4.3% interest, compounded semiannually. Assuming that no withdrawals are made, how much will he have in the account after 4 years

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  • 14-01-2021

Answer:

$ 4,688.00

Step-by-step explanation:

I = 4000 × 0.043 × 4 = 688

I = $ 688.00

$ 688.00 + $ 4,000.00 = $ 4,688.00

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