Homework Help: math

Posted by Anonymous* on Monday, July 18, 2011 at 11:52pm.

Deposits of $1,000, $1,100 and $680 were made into a savings account, the first two years ago, the second 18 months ago, the third 6 months ago. How much is in the account now if the interest on all deposits is 12% compounded semi-annually?

math - Reiny, Tuesday, July 19, 2011 at 8:20am
What is

1000(1.06^4) + 1100(1.06^3) + 680(1.06) ?

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