Posted by Elicia on Wednesday, November 7, 2012 at 4:22pm.
How much money would you have to invest at 8% compounded semiannually so that the total investment has a value of $2,280 after one year?

College Algebra  Steve, Wednesday, November 7, 2012 at 5:15pm
P(1 + .08/2)^(2*1) = 2280
P = 2108.00