Friday

August 1, 2014

August 1, 2014

Posted by **Logan and Lydia** on Tuesday, February 27, 2007 at 9:17am.

but we got confused.

Find the amount in the account if

$2000 is invested at 6.125%,compounded

semi-anually, for 2 years.

I worked this problem and Lydia worked this problem.

I came up with the answer $2,252.50

However, Lydia came up with $2,256.49

Which of us is correct?

I thought that I explained that last night, in my previous answer.

Lydia is correct.

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