Math

posted by .

What's the accummulated full amount for a principal of $15,000 for 3 years at 4% compounded semi annually?

  • Math -

    What is 15000(1.02)^6 ?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Accounting

    Calculate the future value of the following: o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at 6% for 5 years o $5,000 compounded quarterly at 6% for 5 years o $5,000 compounded annually at 6% for 6 …
  2. Finances and Math

    Can someone please help me solve these problems or help me find an easy formula?
  3. math

    How long in years does it take for a principal to triple in value if invested at a rate of r compounded semi-annually?
  4. college math

    Calculate the future value of an ordinary annuity consisting of annual payments of $1,000 for 4 years if the payments earn 10.70% compounded annually for the first 2 years and 9% compounded annually for the last 2 years. For full marks …
  5. MATHS

    A SUM OF MONEY IS KEPT IN A BANK AT 8% INTEREST COMPOUNDED ANNUALLY.HAD THE INTEREST BEEN AT 10% COMPOUNDED SEMI ANNUALLY THE AMOUNT AFTER 1 YEAR WOULD HAVE BEEN 225 MORE.WHAT WAS THE PRINCIPAL AMOUNT KEPT IN THE BANK?
  6. Math help

    a $6000 principal earns 8% interest compounded semi annually after 35 years what is the balance
  7. Math

    A boat costs $92,000 and depreciates in value by 15% per year. How much will the boat be worth after 10 years?
  8. engineering economy

    Maintenance cost of an equipment is P20,000 for 2 years, P40,000 at the end of 4 years, and P80,000 at the end of 8 years. Compute the semi-annual amount that will be set aside for this equipment. Money worth 10% compounded annually.
  9. Math (Asap)

    1. A 3,500.00 principal earns 3% interest, compounded semi annually. After 20 years, what is the balance in the account A. 7,700.00 B. 4,713.99 C. 5,600.00 D. 6,349.06 2. A boat costs 92,000.00 and depreciates in value by 15% per year. …
  10. math

    At what rate of interest compounded semi-annually will Rs.6,000 amount to Rs.9,630 in 8 years?

More Similar Questions