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Home Q & A Board Science-Related Homework Help Mathematics Algebra (Moderator: bio_man)
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Anmol Kaur1 Anmol Kaur1
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3 years ago
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for $3327 to increase by $3799?
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#1
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3 years ago
Hi Anmol,

If it is INCREASE TO $3799, then you do:



I'm a little confused if they want the final amount including interest at $3799, or if they want the final amount to be 7126 (i.e. 3799 + 3327).

If it is INCREASE BY $3799, then you do:
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