Question: Antonio invests $3,000, at 10% interest, compounded semiannually for 12 years. Use the compound interest formula to calculate the compound amount for his investment. a.
Antonio invests $3,000, at 10% interest, compounded semiannually for 12 years. Use the compound interest formula to calculate the compound amount for his investment.
a.$9,675.30
b.$9,860.00
c.$6,663.28
d.$6,760.00
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