Question:

If 11900 dollars is invested at an interest rate of 10

Last updated: 7/12/2022

If 11900 dollars is invested at an interest rate of 10

If 11900 dollars is invested at an interest rate of 10 percent per year, compounded semiannually, find the value of the investment after the given number of years, using the following formula: A(t) = 11900(1+0,1/2)2t (a) 5 years: Your answer is (b) 10 years: Your answer is (c) 15 years: Your answer is