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## I WILL GIVE BRAINLIEST PLEASE HELP 1. Melanie invested $12,200 at 4.8% interest compounded semiannually, and she wants to know h

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I WILL GIVE BRAINLIEST PLEASE HELP

1. 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. (5 points: Part I – 1 point; Part II – 2 points; Part III – 1 point; Part IV – 1 point)

Part I: What is the periodic interest rate of Melanie’s investment?

Part II: How many compounding periods does Melanie’s investment offer in a year? How about in 8 years?

Part III: What expression can Melanie write to figure out how much her investment will be worth in 8 years?

Part IV: How much will Melanie’s investment be worth in 8 years?

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Mathematics
3 years
2021-09-03T18:08:15+00:00
2021-09-03T18:08:15+00:00 1 Answers
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## Answers ( )

Answer:Part I

Part II

Part III

Part IV