Answer
$3,619.80
Work Step by Step
$3500*(1+(.0675/12))^{12*.5}$
$3500*(1.00563^6)$
$3500*1.03423$
$3619.80$
Algebra 1
by Hall, Prentice
Published by
Prentice Hall
ISBN 10:
0133500403
ISBN 13:
978-0-13350-040-0
Chapter 7 - Exponents and Exponential Functions - 7-7 Exponential Growth and Decay - Practice and Problem-Solving Exercises - Page 459: 22
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