Friday

August 29, 2014

August 29, 2014

Posted by **April** on Friday, August 2, 2013 at 6:26pm.

a. at a 12 percent rate compounded semiannually?

B. at a 12 percent rate compounded quarterly?

- Math -
**Reiny**, Friday, August 2, 2013 at 6:40pma) amount = 3000( 1.06)^6 = ...

can you see what I did with the rate and with the time ?

b) let me know what you think about this one

- Math -
**April**, Friday, August 2, 2013 at 6:59pmstill lose or 30,000(( 1.06)^12=

- Math -
**Reiny**, Friday, August 2, 2013 at 8:04pmno,

12% compounded quarterly

means --- the rate is 3% per quarter

and in 3 years there would be 12 quarters,

amount = 3000(1 + .03)^12

= 3000(1.03)^12 = 4277.28

- Math -
**April**, Saturday, August 3, 2013 at 5:08amso how am i suppose to find the semiannually at 12

**Related Questions**

accounting help please?! - Nancy Sly wishes to sell her business and receives ...

accounting help please?! - Nancy Sly wishes to sell her business and receives ...

FIN200- FV, PV and Annuity Due CP - I just want to know if anyone can help me in...

math - 1. Investment. Part of $25,000 is invested at 10 percent, another part is...

managerial accounting - The building and equipment are estimated to cost $1,100,...

algebra - Could you please answer this? Investment. Part of $25,000 is invested ...

Finance - A company has identified the following investments as looking ...

Finance - A company has identified the following investments as looking ...

Economics - A clinic has $1 million in revenues and $950,000 in costs. What is ...

Calculus - I am confused on how to solve this problem : $5000 is invested for 4 ...