Business, 19.12.2019 03:31 ibrahimrathwalp96hmj

Melanie invested $12,200 at 4.8% interest compounded semiannually and she wants to know how much her investment will be worth in 8 years.

what is the periodic interest rate of melanie's investment?

how many compounding periods does melanie's investment offer in a year? how about in 8 year?

what expression can melanie write to figure out how much her investment will be worth in 8 years?

how much will melanie's investment be worth in 8 years?

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Melanie invested $12,200 at 4.8% interest compounded semiannually and she wants to know how much her...