glazar070104 glazar070104
  • 21-02-2021
  • Mathematics
contestada

I have two questions:

Brenda invests $4,848 in an account with a rate of 5% compounded semiannually. What is the balance after 6 years.

Chase invests money at 4.61% compounded 3 times a year. After 6 years his balance is 5,485.85. What was the initial investment.

Respuesta :

rahiymthompkins
rahiymthompkins rahiymthompkins
  • 22-02-2021

Answer:

Step-by-step explanation:6,848

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