Respuesta :

A(t) = P(1+(r/n))^(nt)

A(5) = 1000(1+0.12/2)^(2*5)

A(5) = 1000(1.06)^(10)

A(5) = $1790.85

joshuaaleixs

1000 x 6%= 1000 x .06

1000 x .06 =  60

The principal is getting $60 every year for their annual interest rate.

Hope I helped!

Good Luck!


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