Brenda invests $4,848 in a savings account with a fixed

Last updated: 8/9/2022

Brenda invests $4,848 in a savings account with a fixed annual interest rate of 5% compounded 2 times per year. What will the account balance be after 6 years? Round to the nearest hundredth. A = P(1+ r/n)ⁿᵗ