- P(1+ =)" Lyn invested $7,000 into an investment paying 3% Interest, compounded semi-annually, twice a year). After 5 years, how much would the investment be worth? A= O 88,050.00 O $1, 123.79 O 8, 123.79 O $1,050.00 O $8, 114.92

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Question
L 1 please answer the questions in a ABCD form THANK YOU FOR YOUR HELP!!
O 1. Use a scientific or graphing calculator to solve.
Lyn invested $7,000 into an investment paying 3% Interest, compounded semi-annually, twice a year). After 5 years, how much would the investment be worth? A = P(1+-)
O 88, 050.00
O $1, 123.79
O 8, 123.79
O $1, 050.00
O 88, 114.92
Transcribed Image Text:O 1. Use a scientific or graphing calculator to solve. Lyn invested $7,000 into an investment paying 3% Interest, compounded semi-annually, twice a year). After 5 years, how much would the investment be worth? A = P(1+-) O 88, 050.00 O $1, 123.79 O 8, 123.79 O $1, 050.00 O 88, 114.92
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