# 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 ?

## 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 …

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