Mathematics, 03.12.2021 20:50 cbogrett

Find the total amount for the investment, using compound interest. Round your answer to the nearest cent. Do not round intermediate steps.
Principal: $20,000
Annual interest rate: 4%
Compounded: Semiannually
Time: 5 years
The total amount in the account after 5 years is $

Answers: 3

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Find the total amount for the investment, using compound interest. Round your answer to the nearest cent. Do not round intermediate steps. Principal: $20,000 Annual interest rate: 4% Compounded: Semiannually Time: 5 years The total amount in the account after 5 years is $

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Another question on Mathematics

Find the total amount for the investment, using compound interest. Round your answer to the nearest cent. Do not round intermediate steps.
Principal: $20,000
Annual interest rate: 4%
Compounded: Semiannually
Time: 5 years
The total amount in the account after 5 years is $