lagliebert lagliebert

04-07-2021
Mathematics

contestada

If interest is 8% and it is compounded semiannually, and after one year, the total value is $10,816, what was the original investment?

Respuesta :

hieu0002004 hieu0002004

04-07-2021

$135200

X * 8% = 10816
X = 10816/8% = 135200

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