alfredo101 alfredo101

10-07-2017
Mathematics

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Tanisha wants to have $1000 in her bank account in 5 years how much money should she deposit if her account earns 6% interest which is compounded 2 times per year?

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niyahinica niyahinica

10-07-2017

=1000/(1+(0.06/2))^(2*5) = $744.09

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13-07-2019

Answer:

744.09

Step-by-step explanation:

I know it's correct

Answer Link

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