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Other Fields Homework Help Finance Topic started by: vlademirsimon on Jan 22, 2024



Title: Al Wright puts $2,000 in a bank at the end of every six months. The bank pays 8% compounded ...
Post by: vlademirsimon on Jan 22, 2024

Al Wright puts $2,000 in a bank at the end of every six months. The bank pays 8% compounded semiannually. Assuming Al does this for four years, what is the total interest he will receive?

Note: Round your answer to the nearest cent.



Title: Re: Al Wright puts $2,000 in a bank at the end of every six months. The bank pays 8% compounded ...
Post by: yoyoguy on Jan 22, 2024
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